MGM Resorts and Wynn Resorts have ended their talks over a potential sale of Encore Boston Harbor, the nearly $3 billion casino set to open next month in Everett.
Just last week, the two casino giants confirmed they had "engaged in conversations around the potential sale of Encore Boston Harbor" despite a Massachusetts state law that bars licensees from holding more than one license at a time in the state.
On Tuesday, MGM and Wynn announced conversations have ended.
MGM sent Boston 25 News the following statement:
Encore Boston Harbor is scheduled for a June 23 open, but legal issues could mean delays. The Gaming Commission recently levied a $35 million fine against Wynn for its alleged handling of sexual misconduct allegations against founder Steve Wynn, who is no longer with the casino giant.
Casino officials were given 30 days to pay the massive fine.
In a statement Tuesday, Wynn Resorts says it remains committed to opening and operating the casino "as only Wynn Resorts is able to do."
Boston 25 News has reached out to the Mass. Gaming Commission for a statement, but has not yet heard back.
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