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Wynn eyes sale of Encore casino

A view of Encore Boston Harbor in Everett from the water. –David L. Ryan/Globe Staff

The chief executives of casino giants Wynn Resorts and MGM Resorts are discussing a possible sale of Wynn’s nearly finished Encore Boston Harbor casino complex in Everett, a potentially colossal deal that would dramatically change the gambling landscape in New England and ripple through the industry, the companies acknowledged to the Globe on Friday.

Wynn Resorts CEO Matt Maddox and MGM CEO Jim Murren met in person in Las Vegas earlier in May to discuss a possible transaction, just weeks before the June 23 scheduled opening of the $2.6 billion Encore, according to two people briefed on the talks. The meeting also came days after the Massachusetts Gaming Commission concluded a 15-month investigation into how Wynn Resorts handled accusations of sexual misconduct by its founder and former chief executive, Steve Wynn.

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The two companies confirmed the talks in a statement after each was pressed separately by the Globe.

The casino’s exterior in February.
A garden under construction on the casino’s property in July 2018.
Construction on the casino in May 2018. —David L. Ryan/Globe Staff/File
Encore Boston Harbor hosted a job fair at the Hynes Convention Center in March. —Pat Greenhouse/Globe Staff/File 2019
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