Wynn Resorts may join the half-dozen or so companies pitching hotel-casino developments in Massachusetts, in an effort to be granted the state's first gaming licenses.
Wynn secured an option to buy property in Everett, Mass., about five miles north of Boston, the Boston Globe reported. The site used to be operated by biotechnology company Monsanto.
Wynn would be competing against a site proposed by Suffolk Downs, which has partnered with Caesars Entertainment to pitch a development at the East Boston racetrack.
Massachusetts in November 2011 signed a bill allowing three gaming licenses for casino resorts — one each in western Massachusetts, southeastern Massachusetts and the Boston area — and one license for a slots-only facility.
This past October, the state put out its first request for gaming-license applications, mandating a $400,000 nonrefundable application fee and giving potential applicants a deadline of Jan. 15, 2013. Massachusetts’ first gaming licenses are slated to be granted by February 2014.
MGM Resorts International and Penn National Gaming are among the companies that have pitched developments for western Massachusetts.Follow Danny King on Twitter @dktravelweekly.