Winds of change blow as rumors circulate, owes city millions
By JOSH RESNEK
The reopening of Encore Boston Harbor’s casino was expected to begin on Monday. Wynn Resorts officials have moved that off another week.
At the same time, Governor Baker put off casino reopening in Massachusetts for a week, no matter what the private companies are planning.
Wynn Resorts officials are believed to be relieved with the reopening, but it does not go far enough to satisfy executives who know that a casino operating at less than half speed and capacity cannot cut a profit necessary to meet its obligations.
As a result, Las Vegas Sands Corporation, owned by one of the world’s ten richest men, Sheldon Adelson, is apparently willing, as well as financially able, to buy Wynn Resorts and add it to his worldwide gaming empire, according to a spate of casino trade magazine reports online.
Whether or not this happens is highly speculative and based on the comments of several higher-ranking Wynn Resorts employees who have access to inside information.
Matt Maddox, Wynn president and heir apparent to company founder Steve Wynn, has denied such rumors.
In today’s apocalyptic economic environment, everything is for sale at a lower or fairer price.
“The people up top are apparently saying that Encore Boston Harbor may have to be rebranded. This is not anything they want to do at the present time. Spending more money on the Encore investment in Everett to change it is not in the stars right now,” an employee told the Leader Herald.
There is an undeniable truth to the findings when science is used to measure the undeniable dangers of the Coronavirus.
There is an undeniable truth in the warnings from economists that we face the ruination of our economy if we don’t open it up and soon.
Somewhere between these two places is where the situation needs to be dealt with here in Everett, around the state, the nation and the world.
We believe this is happening in Massachusetts and in New York, and many other states where the virus has run rampant and caused so much pain, sickness and death.
We believe Governor Charlie Baker and Lt. Governor Karyn Polito have done a good job trying to balance science against the needs of the local economy.
Their strong messaging here has kept the state from falling apart in response to this epidemic.
It is a tough thing to lead these days. The politics of the economy and the virus are clashing.
Those of us who get the virus, who get sick and who die, truly understand the terror of the virus and what it can do to a society that tries to wish it away. The virus won’t be wished away, anymore than cancer or a heart attack can be wished away. Continue reading Science competing with economics
Mayor Carlo DeMaria’s recent payments to criminal attorneys are being questioned by three members of the city council who are demanding that he reveal what the payments are for.
Since 2017, the mayor has reported spending nearly $200,000 for criminal legal representation with the international law firm, Greenberg Traurig and with a former criminal attorney now a Superior Court judge here in Massachusetts.
The council is questioning what the payments are for, exactly. Councilor Mike Marchese has filed a motion requiring the mayor to appear at the next meeting of the city council to tell all.
Two of his colleagues Councilor Mike McLaughlin and At-Large Councilor Gerly Adrien are asking the same pointed question, with one of them, Councilor McLaughlin, also demanding the mayor’s presence before the city council to explain himself.
“If he’s not lying to us on his political campaign filings, then he has nothing to hide,” Marchese said.