Whoops. It seems like Wynn Resorts was a little coy (or careless) about how it intended to clean up a toxic-waste site (home to “volatile organic compounds, petroleum hydrocarbons, PCBs, and evidence of sulfuric acids and other substances“) in Everett. Bostonians now fear that a delay of months, even years could hold up Wynn’s project. In the course of a 236-page application, the document “contains no cleanup details, and only mentions contamination when touting how a casino will be an improvement over the site’s current condition.” Figures for remediation have swung between $10 million and $30 million. A decontamination plan due in February may not be submitted until June, either.
One is tempted to concluded that Steve Wynn‘s (over)confidence got the better of him and that pesky details were simply waved aside. Whatever the case, Wynn’s vagueness on the subject of how he intends to deal with PCBs is the best news Suffolk Downs has had in quite a while. Thanks to this self-inflicted wound, Wynn Everett goes to underdog status.
A persistent man. In yet another State of the Commonwealth speech, Kentucky Gov. Steve Beshear (D) continues to push for casino legalization. He’s been pressing for casinos for six years now and the Legislature’s preference has been to cut, cut and yet again again. “The people elected us to tackle difficult issues,” Beshear said, but his words continually fall upon deaf ears. The alternatives to gambling — still more cuts, local-option sales taxes — can hardly seem preferable. “We cannot continue making progress by paying teachers less than they deserve, by ignoring needs like textbooks and technology, by delaying research into innovative energy production, by pricing college out of reach, by leaving needed cancer screenings unfunded and by retreating from things like child care and mental health services,” said Beshear. In principle, I agree … but there are people who would rather die a thousand deaths than legalize one slot machine.
Boyd Gaming has a customer-relations problem in Kansas. At issue: tight slots.
I don’t think Wynn will follow through with this project. To me, it’s an awful location and a huge expense. He’s cancelled several East Coast projects before. This could be his way out. It would have made more sense to pick up his former A.C. place for pennies.
I agree with Bob on this one.