The news of MGM Resorts International and Wynn Resorts discussing a possible sale of the Everett casino leaves several questions unanswered.
Chief among them: Would Everett officials support such an agreement and let Wynn Resorts transfer their host agreement with the City?
City councilor Michael J. McLaughlin says it's too early to tell, but news of the talks is "about."
"It is very alarming and alarming to myself as a councilor, but also as a strong supporter of Encore Boston Harbor from the beginning," says McLaughlin, representing Ward 6.
"It's too early to make a solid decision because there are so many moving parts that must happen before I feel that it can actually happen "said
The 2013 agreement states that neither Wynn Resorts nor the City shall transfer its rights or obligations without prior written authorization from the other party.
Everett Mayor Carlo DeMaria wrote in a Facebook post on Friday that he "intended to include section 10 of the host community agreement that states:" Neither Wynn nor the city should transfer or Obtain its rights or obligations under this Agreement without prior written authorization from the other party. ""
He did not answer a call or email seeking comment Friday afternoon.
On Friday, both companies confirmed that they were talking about selling the $ 2.6 billion casino, which is expected to open on June 23.
The two companies issued a joint statement, following inquiries from the Boston Globe, called the talks "very tentative", although calls were rumored to have happened for more than a year.
Under state law, no company can hold more than one game license in Massachusetts. If MGM Resorts buy the casino, it will have to sell its Springfield property. The company was awarded West Massachusetts Game License in 2014.
Justin Hurst, a Springfield City Council professor, said he was shocked to learn from the conversations and that it would be a "travesty" if MGM sells its downtown Springfield casino.  false “/>
Everett City Council members say they have been in the dark about logistics leading up to the casino opening. Council members expressed frustrations in April about what information is available to them, Everett Independent reported. An Encore Boston Harbor transport consultation is scheduled for May 28.
The news comes after the Massachusetts Gaming Commission review of Wynn Resorts' fitness in light of the company's failure to report sexual negligence due to its founder and former CEO Steve Wynn
One month after the passive hearing, the commission issued a fine on $ 35 million against Wynn Resorts and an additional $ 500,000 on director Matt Maddox, saying the company can keep the license if it accepts the fine and more conditions. The company has until 31 May to pay fines or appeal the decision.