MGM, Wynn drop talk of Encore Boston Harbor casino sale

Catherine Carlock
MGM, Wynn drop talk of Encore Boston Harbor casino sale

Wynn Resorts Ltd. and MGM Resorts International say conversations regarding the sale of Wynn’s $2.6 billion Encore Boston Harbor resort are over. Wynn (NASDAQ: WYNN) and MGM (NYSE: MGM) had acknowledged their preliminary conversations regarding a potential sale in a statement late Friday afternoon. MGM won a Massachusetts gambling license in 2014 and operates a $1 billion Springfield casino, which opened in August 2018.