MA Casino Developments

Passed by the Wynn site on the commuter rail today. Prep is absolutely starting- the land has been largely cleared of vegetation.
 
With no nightclub, it will be very interesting to see what restaurants, retail and entertainment will end up at the Wynn. Even with the extremely close proximity to downtown and millions of Greater Boston residents, the casino needs something to draw both non-gamblers and casual gamblers. Otherwise it will be little more than a large gambling hall with a bunch of expensive hotel rooms and a few shops. This place needs destination food, entertainment and shopping in my opinion to be successful over the long term.
 
Can he just apply for the Nightclub license in Everett if he wants in the long run?
Everett Mayor will give Wynn anything he wants at this point.

I think they will change their mind about the nightclubs. I believe their will be Multiple Nightclub venues in the future.
 
DeSalvio said the design of the planned $1.7 billion facility was undergoing some changes to account for potential future environmental problems such as storm surge from the Mystic River. The company is planning to raise the hotel tower about 11 feet, the equivalent of one story.
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Smart. Wynn is betting that Superstorm Sandy-style storm surges will be getting worse, and politicians will not get us a storm barrier in time. Sadly, both seem like safe bets to me.
 
BosDevelop said:
With no nightclub, it will be very interesting to see what restaurants, retail and entertainment will end up at the Wynn. Even with the extremely close proximity to downtown and millions of Greater Boston residents, the casino needs something to draw both non-gamblers and casual gamblers. Otherwise it will be little more than a large gambling hall with a bunch of expensive hotel rooms and a few shops. This place needs destination food, entertainment and shopping in my opinion to be successful over the long term.
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I'm pretty sure a couple of those restaurants will be restaurant/lounge/nightclub hybrids along the lines of an Empire or GEM. The way I read it, is that he wants to stay away from the dedicated 24hr nightclub space, which makes less sense in a 2am last call city like Boston vs. 24/7 Vegas.

Now if the legislature actually takes up that extended serving hour bill that is sitting in committee, then he may explore that again in the future.
 
Expanding the hotel seems like a clever hedge against falling casino revenue. A giant hotel complex, close to Boston, on the waterside, attracting some nearby development seems like an excellent long term investment.
 
Shepard said:
Sorry if this is old news, but I just came across the fact that the casino will have (i.e. will sponsor?) a year-round ferry to Long Wharf, Seaport and Logan.

http://www.wynnineverett.com/ferry.html
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Interesting link. When you click on the "restaurants" page its lists the following Wynn Everett restaurants: Andrea's, Red 8, Sinatra, SW Steakhouse and of course the Buffet. At first glance, I thought these might just be the Vegas restaurants on the Everett site as placeholders//examples of what might be in Everett but they appear to be the actual restaurants.
 
Best part:
If the Mashpee Wampanoag, who do not require a license from the state’s Gaming Commission to operate a casino, were to open the sole casino in the state’s Region C, they would be obligated to pay a 17 percent share in gaming revenue to the commonwealth.

But if a commercial casino were to open in the same southeastern region, the tribe would not be required to pay anything to the state, as per its agreement, or compact.
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Have to say if I were with the Mashpee Wampanoag tribe I would be hoping that the Brockton casino goes through and then the Taunton Casino wouldn't pay that 17% in taxes. Heck they should subsidize the Brockton project to keep it barely alive, set up a few folding chairs and a poker table.
 
tangent said:
Best part:

Have to say if I were with the Mashpee Wampanoag tribe I would be hoping that the Brockton casino goes through and then the Taunton Casino wouldn't pay that 17% in taxes. Heck they should subsidize the Brockton project to keep it barely alive, set up a few folding chairs and a poker table.
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I'd think just the opposite. A competing casino 17 miles up the road would probably decrease gaming revenues by more than 17%.
 
BosDevelop said:
Interesting link. When you click on the "restaurants" page its lists the following Wynn Everett restaurants: Andrea's, Red 8, Sinatra, SW Steakhouse and of course the Buffet. At first glance, I thought these might just be the Vegas restaurants on the Everett site as placeholders//examples of what might be in Everett but they appear to be the actual restaurants.
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These are all existing restaurants at Wynn LV.

http://www.wynnlasvegas.com/Dining/FineDining/
 
tangent said:
Best part:

Have to say if I were with the Mashpee Wampanoag tribe I would be hoping that the Brockton casino goes through and then the Taunton Casino wouldn't pay that 17% in taxes. Heck they should subsidize the Brockton project to keep it barely alive, set up a few folding chairs and a poker table.
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It all comes down to what costs more -- paying the 17% share to the state, or lost business to a casino in Brockton. I suspect the latter would actually be a greater cost, though it's only a gut assumption.
 
Curtatone, who has railed against casinos as purveyors of social ills and a poor excuse for economic development, said he fears the footbridge could drain customers for the many restaurants and bars in Assembly Row. Curtatone said the $1.5 billion Assembly Row development, which is still being completed, will eventually account for 20,000 jobs.
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I'm not so sure he's correct about that. I would think a foot bridge would lead to a lot of over flow from non-gambling elements of the Casino patrons heading to activities in Assembly Row. But more to the point, it's insane that he would want to make it harder for Somerville residents to work at the casino. I can't envision the footbridge as anything other than symbiotic.
 
HenryAlan said:
I'm not so sure he's correct about that. I would think a foot bridge would lead to a lot of over flow from non-gambling elements of the Casino patrons heading to activities in Assembly Row. But more to the point, it's insane that he would want to make it harder for Somerville residents to work at the casino. I can't envision the footbridge as anything other than symbiotic.
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It strikes me as politics. I doubt he's opposed to it, I'd say he's just angling for a greater slice of the Wynn pie. Walsh is doing the same.
 
I think the biggest economic winner from a footbridge would be neither Wynn nor Assembly Row (though both would get definite benefits) but rather whoever owns Gateway Center. Let's just hope they have a real urban vision when cashing in.
 
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