{"id":8976,"date":"2012-05-08T13:42:51","date_gmt":"2012-05-08T21:42:51","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=8976"},"modified":"2022-07-05T05:47:06","modified_gmt":"2022-07-05T13:47:06","slug":"beaten-in-beantown-steve-wynn-calls-it-quits","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/beaten-in-beantown-steve-wynn-calls-it-quits\/","title":{"rendered":"Beaten in Beantown: Steve Wynn calls it quits"},"content":{"rendered":"

Just like that, another Las Vegas<\/strong> casino heavyweight has hit the canvas in Massachusetts<\/strong>. Election results in Foxborough<\/strong> spelled doom for Steve Wynn<\/strong>‘s proposed resort (below<\/em>) and neither he nor New England Patriots<\/strong> owner Robert Kraft<\/strong> wasted any time throwing in the towel. Their complete statements<\/a> make it clear that this is more than a “suspension”: “For the past six months, Wynn Resorts<\/strong> has sought to communicate the benefits of a proposed destination resort<\/em>,” the Wynn declaration begins, rather peevishly, with a subtext of “but you chowderheads didn’t listen.” (Shades of Wynn’s precipitate and bitter withdrawal from the Philadelphia<\/strong> market.)<\/p>\n

\"\"Between this and MGM Resorts International<\/strong>‘s bungled due diligence in Brimfield<\/strong>, the champions are getting their clocks cleaned. Although I don’t make it a practice to second-guess the electorate, it’s difficult to disagree with local real estate agent Mille Cetrone<\/strong>, who lamented, “Wynn is the best of the best and the town let him walk away … This was the best place for a casino and we let it slip through our little fingers. I think we lost a golden opportunity<\/em>.”<\/p>\n

Instead, the Boston<\/strong> area will get … \"\"homeboy Gary Loveman<\/strong>. Wynn’s loss is an indirect win for Caesars Entertainment<\/strong> and partner Richard Fields<\/strong>, whose Suffolk Downs<\/strong> proposal now has a clear shot to the Massachusetts Gaming Commission<\/strong>. Caesars isn’t the kind of financially robust operator Bay State regulators say they want but they’re stuck with them now, unless Sheldon Adelson<\/strong> decides to rethink his wait-and-see attitude toward the Mashpee Wampanoag<\/strong> set-aside, currently being litigated by a group of Adelson’s business associates.<\/p>\n

Halftime score<\/em>: Loveman 1, Wynn 0.<\/p>\n","protected":false},"excerpt":{"rendered":"

Just like that, another Las Vegas casino heavyweight has hit the canvas in Massachusetts. Election results in Foxborough spelled doom for Steve Wynn‘s proposed resort (below) and neither he nor New England Patriots owner Robert Kraft wasted any time throwing … 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":[28,26,7,112,11,95,111,25,74,32,20],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/8976"}],"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=8976"}],"version-history":[{"count":2,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/8976\/revisions"}],"predecessor-version":[{"id":31357,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/8976\/revisions\/31357"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=8976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=8976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=8976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}