Wynn Resorts Finalizes $35 Million Purchase to Build Everett Casino

4 years ago
Wynn Resorts Finalizes $35 Million Purchase to Build Everett Casino
06 Jan

BIG :W;ynn Resorts, lead by casino mogul Steve Wynn, announced that they have finalized a $35m purchase of 33-acre site in Everett, former Monsanto chemical plant, where $1.6 billion project will be located.

The property suffered from the contamination and was owned by the convicted criminals Dustin DeNuzzio and Anthony Gattineri who tried to cover up ownership for the real owner Charles Lightbody, who is a convicted criminal too. Now when it is owned by Wynn Resorts, which is in full control of the property and has big plans for its future, it should become a real attraction.

Wynn now has rights to build a casino along Mystic River, which will be the first time in the century that the resort will give a public access to the river. Wynn Resort will transform the industrial site into a beautiful resort offering thousands of jobs and contributing millions in tax revenue.The industrial site is polluted and it needs extensive cleanup which will be done in the spring after the ground thaws.

This is a very important development that took years to achieve, but will be well worth it for the City of Everett and the Commonwealth of Massachusetts for decades to come The acquisition of the property keeps us on schedule and moving closer to construction. Today, we hit the 'go' button and we're not stopping until a spectacular Wynn Resort with a new waterfront public park for all to access and enjoy is completed. Robert DeSalvio, President of Wynn Everett, www.masslive.com;

Wynn plans to build a resort with 600 luxury hotel rooms, eight restaurants, a 12,000 square feet nightclub, a five star spa, 150 table games and 3,000 slot machines. The idea is to build a unique and magnificent casino and Wynn said that he spends a lot of time with his architect DeRuyter Butler talking about the hotel lobby.

Visitors passing through the hotel’s front doors will enter a tall space with 30-foot ceilings and immediately meet two indoor gardens, each about 2,200 square feet, where the casino’s staff will build 25-foot flower sculptures. A working carousel, working Ferris wheel — all in flowers or it will be a hot air balloon or a Faberge egg. They’ll be changing all the time.

The city of Somerville filed a lawsuit against Massachusetts Gaming Commission in December for awarding Wynn a license for the casino in Everett. Somerville Mayor Joe Curtatone, claims that the commission should not have awarded the license to Wynn because the project is tied to the convicted criminal Charles Lightbody, former stakeholder in the land. Mayor claimed that commission’s decision violated the state Gaming Act, the commission’s code of ethics and the state constitution.

The company, however, hopes to open the resort in 2017 and offer people a chance to enjoy a beautiful retreat instead of a chemically polluted site.

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Ines is a Journalism student with many interests, poker being one of these. Her passion to learn and develop her horizons make her a valuable contributor to the site's content.Read more


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