Wynn Resorts accused of fraud

Wynn Resorts accused of fraud

Sterling Suffolk Racecourse LLC filed a lawsuit against Wynn Resorts, accusing the giant casino of premeditated deception to obtain a license for Encore Boston Harbor.

Wynn Resorts recently changed the name of the new facility in Massachusetts from Wynn Boston Harbor to Encore Boston Harbor. The reason for this step was the desire to separate the company from its founder - Steve Winn, involved in the scandal about sexual harassment.

According to the plaintiff, who owns the Suffolk Downs race track, the company intended to hide the improper behavior of the former CEO of Wynn Resorts by obtaining a name change to obtain a casino license and build an object worth $2 billion. Sterling Suffolk Racecourse representatives stressed that in case of fair competition, the license would go to them.

"The company-defendant received a license to conduct casino activities at a toxic waste dump, where the level of arsenic concentration exceeds all standards."

Wynn Resorts, in turn, denies all charges, calling them unreasonable.

In late August, it became known that Wynn Resorts plans to sell the casino Boston Harbor.

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