News

Suffolk Downs No Longer Interested In Boston Casino If Wynn Resorts Loses License

Despite a pending $1B legal challenge, the former owner of the Suffolk Downs horse track is no longer after Wynn Resorts’ Greater Boston casino license.

Sterling Suffolk Racecourse filed a $1B lawsuit last year against Wynn Resorts and the company's ex-CEO, Steve Wynn, for allegedly rigging the application process to win the only license Massachusetts offered to operate a casino in Greater Boston. Wynn Resorts won the bidding process, but the fate of its license has been in jeopardy since the Massachusetts Gaming Commission launched an investigation into the company and how much it knew of Steve Wynn’s alleged sexual misconduct.

If Wynn Resorts loses the license, don’t expect Sterling Suffolk to make another casino play, the Boston Herald reports.

“That ship has sailed,” Sterling Suffolk Chief Operating Officer Chip Tuttle told the Herald. “We’re not a player if it opens back up. We’re not interested.”

The MGC released heavily redacted minutes Friday showing it had critical information in its Wynn Resorts inquiry. The report points to a 2014 U.S. Equal Opportunity Commission complaint filed against Steve Wynn months before Wynn Resorts got its Massachusetts casino license. Tuttle told the Herald he feels the resort company actively tried to withhold that information from Massachusetts gaming regulators.

Despite the risk of losing its ability to open the $2.6B Encore Boston Harbor north of Boston, Wynn Resorts maintains it has cleaned house of executives with ties and allegiance to the company founder. The casino is expected to open in June, pending the findings of the MGC investigation.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Boston Newsletters
Related Stories

Healthpeak Secures Approval For $4.5B Alewife Project

'We're At A Juncture': Downtown Boston Retail Finds Its Post-Pandemic Footing

Energy Company Opens 125K SF Newton Office: The Boston Deal Sheet

Simon Approaching End Of The Road With Struggling Suburban Boston Mall

Historic Brooklyn Hotel To Be Turned Into Ritz-Carlton-Branded Condos

Daniel Negari Buys Downtown LA Hotel For $34M

Wu Proposes Tax Breaks To Jump-Start Stalled Housing Projects

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Luxury Marriott Hotel Will Take Space In Charlotte Office Conversion

Davis Looks To Sell 16-Building Beacon Hill, Back Bay Portfolio

Healey's New Data Center Rules Make Massachusetts A Tough Sell For Developers

Anthropic Doubling Local Presence With Cambridge Office Lease