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Mass. regulators find Wynn suitable for gambling

December 27, 2013 11:00 am • Last Updated: December 27, 2013 11:50 am

Boston (AP) - State gambling regulators have cleared Wynn Resorts to pursue a proposed $1.2 billion resort casino in Everett.

The Massachusetts Gaming Commission on Friday issued a positive determination of suitability for the company run by Las Vegas casino mogul Steve Wynn.

The panel's investigative arm had recommended the company be found suitable after a lengthy background check, including a review of Wynn's operations in the Chinese territory of Macau.

The decision clears Wynn to submit a final application by Tuesday's deadline for the sole eastern Massachusetts resort casino license allowed under state gambling law.

Wynn will likely be in competition for the license with Mohegan Sun, which was given the green light by the commission to pursue a casino in Revere pending a vote on the project by Revere residents next year.

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