Voters in Massachusetts city approve Wynn casino deal
Everett, Mass. - Voters in Everett have by an overwhelming margin given the green light to Las Vegas casino mogul Steve Wynn to continue his pursuit of a resort casino on the Mystic River.
A host community agreement between Wynn and the city of Everett was approved Saturday in a binding referendum by a more than 6-1 margin, according to the city clerk. The vote was required before Wynn could apply for a casino license from the Massachusetts Gaming Commission.
Wynn has proposed a $1.2 billion casino at a site where a chemical plant once stood.
The agreement calls for Wynn to make $30 million in advance payments to Everett plus more than $25 million annually if the casino is built.
The project could face competition for the sole eastern Massachusetts casino license from proposals in Boston and Milford.
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