Wynn Acquires Everett Casino Site for $35 Million

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.

Daniel Allermand

Daniel Allermand is a freelance writer, with more than 4 years of experience in the industry as an operator, affiliate and poker player. Daniel has decided it was time to try and bring more coverage about the industry to the general public by writing articles about everything from poker to casino.  

Recent Posts

UK Gambling Commission issues a £6m fine to online operator Casumo

The UK Gambling Commission has issued a £6m (EUR 7.0m / USD 8.2m) penalty to online operator Casumo for severe…

3 weeks ago

Dutch Remote Gambling Act comes into force April 1

The Dutch Gambling Authority (Kansspelautoriteit/Ksa) expects that by October 1 this year, roughly 6 months from the enactment of the…

3 weeks ago

888 Holdings report a staggering 52% increase in revenue during 2020

Amidst a global pandemic, 888 Holdings has reported a staggering 52% increase in revenue during full-year 2020 to $849.7 million…

4 weeks ago

Playtech and Flutter shake hands on another 5 years

Playtech, a leading global gambling technology company, have announced the extension of their partnership with Flutter Entertainment for its Paddy…

4 weeks ago

Will FUN Token be on solid ground in iGaming?

FreeBitco.in, a large online (crypto) casino is ambitious and is looking to turn the FunFair (FUN)Token into the token of…

1 month ago

Has Swedish regulation failed?

Gustaf Hagman strongly believes so. In a recent interview with Gambling Insider, the LeoVegas Chief Executive Officer expressed his concern…

2 months ago