Wynn's Lease Plan Ups Odds Of Mass. Casino License Bid

Law360, New York (December 13, 2012, 3:39 PM EST) -- Las Vegas casino developer Steve Wynn plans to lease a parcel of land along the Mystic River in Everett, Mass., a Wynn spokesman confirmed Thursday, sparking predictions from local officials that the entertainment mogul will submit a casino application.

Competition for Eastern Massachusetts' one available casino license has been fierce, with Caesars License Co. LLC and the owners of the nearby Suffolk Downs racetrack submitting a $1 billion proposal earlier this year, and Everett Mayor Carlo DeMaria Jr. reportedly told a meeting of local residents earlier...
To view the full article, register now.