Gambling Regulators to Complete Wynn Investigation by Summer - NECN


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Gambling Regulators to Complete Wynn Investigation by Summer



    Gambling Regulators to Complete Wynn Investigation by Summer
    FILE - This March 15, 2016 file photo shows casino mogul Steve Wynn during a news conference in Medford, Mass. Massachusetts gambling regulators are holding a special meeting to discuss sexual misconduct allegations against casino magnate Wynn, whose company is building a $2.4 billion casino outside Boston. The Massachusetts Gaming Commission will receive an update on an investigation on Wednesday, Jan. 31, 2018. (AP Photo/Charles Krupa, File)

    State gambling investigators in Massachusetts are expecting to release the findings of their inquiry into allegations of sexual misconduct against casino mogul Steve Wynn "no later" than the summer.

    Massachusetts Gaming Commission Executive Director Edward Bedrosian said Thursday the commission's regular review of construction at the $2.4 billion Wynn Boston Harbor casino in Everett shouldn't be viewed as "prejudgment" of the ongoing investigation.

    Bedrosian's comments came as Wynn officials gave their quarterly update on the project. Wynn Boston Harbor President Robert DeSalvio said the casino is on target to open in June 2019 and has the necessary financing.

    Gaming Commission Chairman Stephen Crosby stressed the company is proceeding "on an at risk basis."

    Commission investigators are separately reviewing misconduct allegations against the former CEO and what the company's board might've known about them.

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