Wynn Resorts' movements in Massachusetts
Nov. 22, 2011: Expanded Gaming Act that initiates a commercial casino industry in Massachusetts. The law provides for 3 destination resort casinos by geographic region. Dec. 16, 2013: Wynn Resorts Ltd. and its Massachusetts subsidiary are found suitable to apply for a state gaming license. Sept. 16-17, 2014: The Massachusetts Gaming Commission votes 3-1 for Wynn Resorts’ $1.6B Wynn Everett proposal. The commission then votes 4-0 to award a license to Wynn. Jan. 2, 2015 : Wynn Resorts acquires the 33-acre Everett site on the Mystic River. March 2016 : Steve Wynn announces a budget of $2B for the resort and a new working name -- Wynn Boston Harbor -- as well as a planned July startup. Construction begins in August. Jan. 26, 2018: The Wall Street Journal publishes a story alleging sexual misconduct and sexual harassment over several years by Steve Wynn. The story notes a $7.5M settlement payment made by Wynn to one of the alleged victims. Wynn denies harassing anyone. Jan. 29, 2018: The Investigations and Enforcement Bureau of the Massachusetts Gaming Commission begins a regulatory investigation of Steve Wynn and Wynn Resorts. The IEB interviews more than 100 people in six states over the next year. Feb. 6, 2018: Steve Wynn steps down as chairman and CEO of Wynn Resorts. Matt Maddox is named CEO by the company’s board of directors. April 2, 2019: The Massachusetts Gaming Commission begins a hearing to determine the standing of Matt Maddox and Wynn Resorts. April 30, 2019: The Massachusetts Gaming Commission delivers its decision. June 23, 2019: Encore Boston Harbor scheduled to open