Holy . . . Breaking news: Wynn pulls out of Foxwoods

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Holy . . . Breaking news: Wynn pulls out of Foxwoods

POSTED: Thursday, April 8, 2010, 10:43 PM
Filed Under: Casinos | News

So, just got this email from Mayor Nutter's Press office saying there is to be a press conference tonight on "the recent developments with Foxwoods casino."

A quick search revealed an article, posted about 40 minutes ago by the Inquirer's intrepid Jennifer Lynn, that reports that casino mogul Steve Wynn is pulling out of Foxwoods:

"We are fascinated by the legalization of full gaming in Pennsylvania and stimulated by the opportunity that it presents for Wynn Resorts, but this particular project did not, in the end, present an opportunity that was appropriate for our company," commented Stephen A. Wynn, chairman and CEO of Wynn Resorts.

More to come, surely.

Posted by Isaiah Thompson @ 10:43 PM  Permalink | Post a comment
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