11Oct1:24 pmEST
Early Channel Checks at Wynn Boston Harbor
As police struggle to properly construct the most accurate timeline of the Mandalay Bay shooting, it appears that MGM (Mandalay Bay's owner) could easily face plenty of civil lawsuits (negligence, wrongful death with plaintiffs using both torts possibly to seek punitive damages from MGM's deep pockets). While MGM is short-term a bit oversold, I am reticent to view the selloff as a compelling long, just yet.
On a brighter note regarding casinos, though, MassLive took a look at construction at the Wynn Boston Harbor casino site in Everett, Massachusetts on Sept. 21, 2017. The casino is scheduled to open in the spring of 2019.
As I wrote back in March, WYNN Boston stands to benefit from the obsolete and inconvenient Foxwoods property well outside of Boston, as well as plenty action-seeking money floating around New England. I expect this property to shine and help WYNN long-term immensely.
More on the market in my usual Midday Video for Members.
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