Wynn Resorts Announces Agreement with Lynn

April 29, 2014
By

Wynn Resorts announces that it has signed surrounding community agreements with Cambridge and Medford and neighboring community agreements with Lynn and Melrose for its proposed five-star resort in Everett. The communities join Malden, which entered into a surrounding community agreement with Wynn in 2013.

“A Wynn resort will have a positive impact on people and neighborhoods beyond Everett, and these agreements are a way to truly demonstrate our ongoing support and partnership,” said Robert Desalvio, senior vice president of development at Wynn. “It’s not just about writing a check … it’s about providing careers, bolstering the local economy, creating a public waterfront and making the region better for us all.”

The agreements include annual payments, impact mitigation, and commitments to hire local employees and utilize/promote local businesses. The agreements for each community can be found on the Massachusetts Gaming Commission website: http://massgaming.com/about/host-surrounding-communities/surrounding-community-agreements/.

About Wynn Resorts:

Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker symbol WYNN and is part of the S&P 500 and NASDAQ-100 indexes. Wynn Resorts owns and operates Wynn and Encore Las Vegas (www.wynnlasvegas.com) and Wynn and Encore Macau (www.wynnmacau.com).

Recent Activity

Full Print Edition