Wynn Resorts, in heated competition with Mohegan Sun for the lone Boston-area casino license, has closed a gap with its competitor on a key measure — the number of mitigation deals with surrounding communities.
Wynn, which wants to build a casino in Everett, announced four new lucrative deals with Cambridge, Medford, Lynn and Melrose yesterday, adding to the one surrounding community pact the company had with Malden. Mohegan has deals in place with Cambridge, Malden, Medford, Melrose and Salem.
"A Wynn resort will have a positive impact on people and neighborhoods beyond Everett, and these agreements are a way to truly demonstrate our ongoing support and partnership," said Robert DeSalvio, Wynn's senior vice president of development. "It's not just about writing a check … it's about providing careers, bolstering the local economy, creating a public waterfront and making the region better for us all."
The deals include a range of different impact payments. In the Cambridge deal, for example, Wynn pledges to make a $25 million annual payment to the city, while Medford stands to score $325,000.
Deals like that, plus showing the casino bidder can work with surrounding cities and towns, are among the many factors the commission will consider in awarding the license.
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