Wynn boston harbor casino

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Bernstein brokerage wrote in an open letter to Maddox Wednesday. “It was with dismay that we saw news of potential sale discussions,” three analysts from Stanford C. Wynn CEO Matt Maddox was forced to douse renewed rumors about selling the 33-acre complex to MGM Resort last week after investors voiced fresh concern. The development remains on shaky ground even as it opens. The gambling mega-complex has already served up a roller coaster of dashed expectations, delayed development and salacious headlines during the state’s decadelong slog to bring betting to Boston. Encore Boston Harbor’s grand opening had fireworks, a 6-foot-tall statue of Popeye and a line that stretched for blocks at the $2.6 billion gilded monolith in Everett, but don’t be surprised if Bay State taxpayers fail to see the wonder of it all.

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