EXELON RECONFIGURES EVERETT OPERATION

110 to Lose Their Jobs; Effects
on City’s Lawsuit in QuestionScreenshot 2018-04-04 at 10.56.02 PM

By Josh Resnek

It would appear that Exelon’s answer to the
city’s lawsuit against the giant energy firm is this:
we are shutting down the plant.

The shutdown will not occur fully until 2022
and will effect 110 employees and quite possibly,
the city’s tax rate.

“We have until the summer to reconsider the
unconditional retirement of the generating units,”
said spokeswoman Stephanie Jacobsen.

The generating plant is being retired because,
according to Exelon officials, there is enough
excess capacity on hand to make them unnecessary.
Ron DeGregorio, president of Exelon Power,
said it was a difficult day.

“Not only is it a difficult day for the talented
men and women who have dedicated themselves
to operating Mystic safely and reliably every Continue reading EXELON RECONFIGURES EVERETT OPERATION

Sale Pending?

Adelson
Poised to
Take Over

By Josh Resnek

Wynn Resorts is close to
selling the Everett casino project

Screenshot 2018-04-04 at 10.23.41 PM
The resort casino on the shores of the Mystic might soon be owned by Sheldon Adelson (above).

according to credible rumors
coming out of Las Vegas, a source
has told the Leader Herald.
Screenshot 2018-04-04 at 10.33.58 PM
Casino magnate Sheldon
Adelson is said to be the buyer,
according to the source.

Adelson owns the Venetian in
Las Vegas and casino interests
in Macau.

Industry sources say Adelson’s
private life is impeccable and his
public life speaks for itself.
Adelson is one of the richest
men in the world.  Continue reading Sale Pending?

Sexual Harassment Issue Takes Center Stage

By Josh Resnek

DiPierro and Smith Enter the fray; A Three-Way Race?

S t a t e  R e p r e s e n t a t i v e
candidate Gerly Adrien, who
is trying to unseat the state
rep here, is making sexual
harassment a primary issue.

With the September primary
not so far away, the issue, as
expressed by the candidates or
not, will form a great part of the
campaign rhetoric.

“A real leader protects the
vulnerable and works to make
sure that everyone is safe in
their homes, workplaces and
communities,” Adrien said as
reported on a website last week.

Adrien, who ran against the state rep two years ago,
is making waves Continue reading Sexual Harassment Issue Takes Center Stage

Wynn Resorts selling project to Sheldon Adelson?

By Josh Resnek
Leader Herald

Wynn Resorts is close to selling the Everett casino project according to credible rumors coming out of Las Vegas, a source has told the Leader Herald.

Casino magnate Sheldon Adelson is said to be the buyer, according to the source.

Adelson owns the Venetian in Las Vegas and casino interests in Macau.

Industry sources say Adelson’s private life is impeccable and his public life speaks for itself.

Adelson is one of the richest men in the world.

Reports that he may be buying the project tends to confirm the belief that the Gaming Commission is going to pull the license if Wynn Resorts remains the owner.

Also, the Wall Street Journal has been calling around to find out if construction at the facility has slowed in any way – as this would be a sure sign that ownership might be changing.

All this speculation is consistent with Gaming Commission Chairperson Steven Crosby’s statements issued at last week’s commission meeting that caused a great stir throughout Everett and in the Massachusetts gaming community about what the commission is planning to do.

“They proceed at their own risk,” Crosby warned the Wynn Boston Casino and Hotel group.

The message wasn’t aimed directly at the group but rather, was for general consumption by the public and on Beacon Hill, where Governor Charlie Baker and Attorney General Maura Healy have spoken out against Wynn Resorts maintaining its name on the property and Healy more aggressively expressing that perhaps the license should be taken away by the Gaming Commission.

According to the President of Suffolk Downs, the Attorney General is making a new appointment to the Gaming Commission probably this week who is said to be “a tough feminist prosecutor.”

Such a scenario and new appointment would make it difficult for Crosby to steer the commission where he wants it to go.

The Leader Herald mentioned Adelson two weeks ago as one of two possible buyers for the project.

Adelson, who is Jewish, is a Republican and a staunch supporter of Israel. He also supports countless charities and philanthropies.

He comes from Dorchester, Massachusetts where he grew up in humble circumstances.