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Wynn Resorts, lead by casino mogul Steve Wynn, announced today that they have finalized a $35 million purchase of a 33-acre casino site in Everett. The property, suffering from contamination, was connected to criminals and mobsters and was not seen well upon from the community, something that Wynn hopes to change.
Wynn received the license to operate there in November and had three months to finalize the deal for the property at the Mystic River. As he managed to do so, the construction can continue and people can expect to see a magnificent hotel and casino soon.
“The acquisition of the property keeps us on schedule and moving closer to construction. Today, we hit the ‘go’ button and we’re not stopping until a spectacular Wynn Resort with a new waterfront public park for all to access and enjoy is completed.” Robert DeSalvio, President of Wynn Everett said in a press release.
The property was previously a Monsanto chemical site which was owned by convicted criminals, Dustin DeNunzio and Anthony Gattineri. They have been indicted for fraud as they have tried to cover up ownership for the real owner Charles Lightbody, who is a convicted felon as well.
People will now be able to go and enjoy the beautiful place in a lovely hotel instead of through a waste site for chemicals.