Reports: Wynn Resorts in talks to sell $2.4b Boston casino project

Casino operator Wynn Resorts is reportedly serious about a potential sale of its in-development Massachusetts casino project.

On the weekend, Bloomberg reported that Wynn CEO Matt Maddox was having informal talks with unidentified parties regarding a potential sale of the $2.4b Wynn Boston Harbor project in Everett. The resort, construction of which got underway in 2016, is projected to open in June 2019.

The report follows Friday’s rumors that Wynn was discussing a potential sale of the entire company to rival MGM Resorts. It’s unclear how much of those rumors were based on the reported talks over the fate of Wynn Boston Harbor.

It’s equally unclear that Massachusetts regulators would approve an MGM takeover of the Boston project, given that MGM is close to opening its own casino, MGM Springfield, in the western part of Massachusetts.