Wynn Resorts ceases talks with MGM to sell $2.6 billion Massachusetts casino

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Wynn Resorts ceases talks with MGM to sell $2.6 billion Massachusetts casino
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Wynn Resorts Ltd said on Tuesday the company has decided to stop talks with MGM ...

FILE PHOTO: The Encore Casino, built by Wynn Resorts in Everett, Massachusetts, U.S., April 1, 2019. REUTERS/Brian Snyder/File Photo

“After careful consideration we have agreed to cease discussions with MGM Resorts,” Las Vegas-based Wynn said in a statement, adding it is still committed to opening and operating the 671-room casino. MGM in response said in a statement the company would not continue talks with Wynn Resorts regarding the Massachusetts casino.

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