Wynn Resorts is planning to open the $2.6 billion Encore Boston Harbor Casino in Everett next month, but it could be sold to MGM Resorts International.
The two companies issued a joint statement Friday, saying they’ve been discussing a deal over the past several weeks. But, if this deal goes through, it could impact MGM Springfield.
The Massachusetts Gaming Commission prohibits a single company from holding more than one casino license in the state.
“Boston is a much bigger market than Springfield,” said David Glantz, the owner of Buckeye Bros. Smokeshop, located just a block away from MGM Springfield. “There’s a lot more people out there. The revenue from gambling is probably a lot more than what Springfield has to offer.”
Mayor Domenic Sarno told 22News this would require approval by Springfield which is required under the host/community agreement.
MGM and Wynn said the potential sale will not delay the opening of the Encore Boston that’s scheduled for June 23.