The award of a on line casino license to Wynn Resorts and the on line casino firm’s buy of land in Everett is again for an additional spherical.
FBT Everett Realty agreed in 2012 to promote the land on which Encore Boston Harbor now sits to Wynn Resorts for $75 million if the on line casino firm secured a state on line casino license.
Wynn received the profitable Boston-area on line casino license, however the Everett property in the end bought for $35 million. FBT alleges that the Gaming Commission, involved concerning the chance that somebody with ties to organized crime stood to profit from FBT’s sale, improperly coerced Wynn Resorts into lowering the acquisition worth of FBT’s Everett land by threatening to in any other case drawback Wynn’s license utility.
State Supreme Court Justice Scott Kafker wrote in an opinion launched Monday {that a} decrease courtroom decide made an error by dismissing all of FBT’s lawsuit final summer season — the SJC affirmed the decrease courtroom’s determination to dismiss a declare that the fee had interfered with a contract — and despatched the case again to the Superior Court for a recent spherical of fact-finding.
“Whether the commission directed such a compelled transfer of property, or merely accepted it as a cure to its concerns about undisclosed criminal ownership interests at FBT, cannot be decided without further discovery,” Kafker wrote.
For years, the Gaming Commission has been hounded by varied authorized points across the Everett land, the Boston-area licensing course of and Wynn Resorts.
The fee’s inaugural chairman, Stephen Crosby, was on the heart of accusations of bias within the course of that resulted in Wynn Resorts securing the Boston-area on line casino license and he resigned in 2018 amid extra cries of bias because the fee ready to launch its investigation into Wynn Resorts’ dealing with of sexual misconduct allegations towards Steve Wynn. The fee mentioned Monday it’s reviewing the newest SJC opinion.
“We are pleased that the SJC affirmed the dismissal of the intentional interference with a contract claim and will address the remaining claim through appropriate legal proceedings,” Gaming Commission spokesman Tom Mills mentioned.
Source: www.bostonherald.com”