In its first-quarter earnings report, Wynn Resorts said the commission’s $35 million fine “is included in other accrued liabilities as of March 31, 2019” on its balance sheets and that “the Company is currently reviewing the MGC decision and evaluating its rights under applicable law.”

A commission spokesperson declined to comment Thursday evening into whether or not Wynn Resorts has filed notice about delaying its much-anticipated June 23rd grand opening. However, regulators said that Wynn Resorts could request a “judicial review” before the Suffolk Superior Court. Securities and Exchange Commission on Thursday, Wynn Resorts reported $1.65 billion in operating revenues and a profit of $104.9 million, or 98 cents a share, for Q1 2019.Ī company spokesman later clarified to the Herald that the primary condition is the whopping $35 million fine and the rest are the provisions set forth by the commission, including that Maddox hire an executive coach.Įarlier this week, the Massachusetts Gaming Commission said the company has until May 31 to pay its $35 million fine and satisfy the conditions set by the commission. “We are still reviewing the decision as it relates to some of the secondary and tertiary conditions imposed by the commission,” Maddox said during a first-quarter earnings call Thursday with analysts. Wynn Resorts CEO Matt Maddox said Encore Boston Harbor’s June 23 opening could be delayed “a week or two later” as the Las Vegas casino operator considers whether to accept the fines and conditions set by Massachusetts gambling regulators.

Encore casino opening date