MGM Ends Discussions To Buy Encore Casino

MGM Ends Discussions To Buy Encore Casino


LIVE FROM THE CHANNEL 4 STUDIOS IN BOSTON, WBZ NEWS AT 11 STARTS NOW WITH BREAKING NEWS. NO DICE, MGM IS PULLING OUT OF TALKS TO BUY THE NEW ENCORE CASINO IN EVERETT, JUST WEEKS BEFORE THE GRAND OPENING, WOULD HAVE BEEN ABLE LESTER, BUT IT IS OUT. — A BLOCKBUSTER. LIAM THIS HAS TO COME AS A RELIEF TO THOSE IN EVERETT AND SPRINGFIELD? Reporter: THAT IS EXACTLY WHAT WE ARE HEARING, THE SPECULATION ABOUT A POSSIBLE DEAL HAD TOUCHED OFF A BIT OF A FRENZY IN EVERETT AND SPRINGFIELD, BECAUSE ANY POSSIBLE DEAL MIGHT HAVE DELAYED THE OPENING OF THE ENCORE, ALREADY IN THE WORKS SINCE 2013, AND SPRINGFIELD, MGM ALREADY OWNS A CASINO, YOU CAN ONLY ON ONE AT A TIME, UNDER LAW, IT WOULD HAVE HAD TO SELL THE PROPERTY AND SPRINGFIELD. THE MAYORS OF SPRINGFIELD, EVERETT, AND THE GOVERNOR, HAD VOICED OPPOSITION, MGM KILLED THE TALKS TODAY, WRITING, WE HAVE NOTED THE ANXIETY FROM VARIOUS STAKEHOLDERS REGARDING A TRANSACTION, THIS TROUBLES A SET NGM — TROUBLES US AT MGM, WE WANT TO BE WELCOME WHERE WE OPERATE. TALKS ARE OFF, IT’S CONFIRMED, OUT OF THE PICTURE, OFF TO THE RUNNING FOR THE ENCORE, CONSTRUCTION IS GOING ON AT THIS HOUR, SLATED TO OPEN JUNE 23, EXPECTED TO EMPLOY 6000 PEOPLE, WITH ALL OF THAT IT STATE, THE MAYOR OF EVERETT SAID THIS IS EXCELLENT NEWS,

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