{"id":11014,"date":"2013-06-24T10:01:02","date_gmt":"2013-06-24T18:01:02","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=11014"},"modified":"2013-06-24T10:58:19","modified_gmt":"2013-06-24T18:58:19","slug":"wynn-wins-big-foxwoods-and-mohegans-try-harder","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wynn-wins-big-foxwoods-and-mohegans-try-harder\/","title":{"rendered":"Wynn wins big; Foxwoods and Mohegans try harder"},"content":{"rendered":"

\"\"As expected, voters in Everett<\/strong>, Massachusetts<\/strong>, went to the polls, expressed their approval of Wynn Resorts<\/strong>‘ proposed resort — and it wasn’t even close<\/a>. Opposition was obliterated, 86% to 14%<\/a>. Where the burghers of tony Foxborough<\/strong> had turned up their noses at Steve Wynn, blue-collar, economically challenged Everett embraced him. With a host-community agreement and a literal vote of confidence in hand<\/a>, Wynn has lined up his ducks with impressive speed — while the Massachusetts Gaming Commission<\/strong> is beginning to lose patience with other cities<\/a> — even if neighboring communities like Somerville<\/strong> have to be brought into the fold<\/a>. (Rival Suffolk Downs<\/strong> is still bogged down in negotiations.) True, a $1.2 billion casino in an East Coast market looks like something of a risk — the cautionary example of overbudgeted\u00a0Sands Bethlehem<\/strong> is always close to mind — but Wynn’s got the best brand name in gaming, a solid balance sheet and will have the Boston<\/strong> and New Hampshire<\/strong> markets on his doorstep. If Wynn doesn’t get the Boston-area casino license, it’ll be very fishy.<\/p>\n

To the southeast, Foxwoods Resort Casino<\/strong> is committing financial seppoku<\/em> by pitching a $1 billion Massachusetts casino at a time when it’s \"\"trying to restructure is not-inconsiderable debt. Why Foxwoods wants to compete with itself, especially at such a steep price<\/a>, continues to defy understanding. The plan, however, is interesting<\/a>: a small, low-profile, rural getaway, 90% of which would be devoted to amenities such as “the site would feature ecological zones, native vegetation and expansion of recreational trails.”<\/p>\n

Further west, Mohegan Sun<\/strong> pitched a new iteration of its proposed Palmer casino that would be the most ostentatious gaming property in state, if \"\"approved. Not only will a second tower be added, but indoor surfing, an artificial river and multiple ziplines would augment the experience<\/a>, courtesy of the operators of Vermont<\/strong>‘s similar Jay Peak<\/strong> resort. When amusement-park developer Todd Finard<\/strong> says things like, “A guest experience on zip lines could last hours. You could send them tower to tower,” it sounds a bit wacky — but Mohegan Sun clearly thinks it needs to deliver a knockout punch to MGM Resorts International<\/strong>‘s proposed Springfield<\/strong> casino-hotel. (An open-air skating rink seems to be the most<\/a> that West Springfield<\/strong> wants out of Hard Rock Internationa<\/strong>l<\/strong>.) Mohegan Sun isn’t as financially strapped back home as is Foxwoods, but $1 billion is a lot to throw into Palmer.<\/p>\n","protected":false},"excerpt":{"rendered":"

As expected, voters in Everett, Massachusetts, went to the polls, expressed their approval of Wynn Resorts‘ proposed resort — and it wasn’t even close. Opposition was obliterated, 86% to 14%. Where the burghers of tony Foxborough had turned up their … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[151,26,4,112,11,163,25,12,32,19,20],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/11014"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=11014"}],"version-history":[{"count":8,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/11014\/revisions"}],"predecessor-version":[{"id":11022,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/11014\/revisions\/11022"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=11014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=11014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=11014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}