{"id":200349,"date":"2022-02-03T11:04:23","date_gmt":"2022-02-03T19:04:23","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=200349"},"modified":"2022-02-03T13:51:53","modified_gmt":"2022-02-03T21:51:53","slug":"encore-boston-harbor-development-plan-could-propose-smaller-venues","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/encore-boston-harbor-development-plan-could-propose-smaller-venues\/","title":{"rendered":"Encore Boston Harbor Development Plan Could Propose Smaller Venues"},"content":{"rendered":"

Encore Boston Harbor<\/a> apparently is looking to scale down a planned economic development across from the Everett, Mass. gaming venue, according to a Massachusetts Gaming Commission (MGC) official. It appears a proposed entertainment building will have fewer than 1,000 seats, as opposed to the earlier 1,800 seats.<\/p>\n

\"Encore
The Encore Boston Harbor, pictured above. The MGC may review next week a revised development proposal to be sited across from the casino. (Image: Boston Globe via Getty Images<\/em>)<\/figcaption><\/figure>\n

The revised proposal is likely to be presented to the MGC by Encore representatives, as well as those from its parent company, Wynn Resorts, next Thursday.<\/p>\n

\n

Earlier plans included some 20,000 square feet of restaurants, as well as a 2,200-space garage. In January, company officials said they were reevaluating whether the development proposal was the best use for the site across from the casino.<\/p>\n<\/div>\n

The original entertainment development was expected to launch this year and be completed in 2024, the Boston Globe<\/em> reported.<\/p>\n

Joe Delaney, the MGC\u2019s community affairs chief, told State House News Service <\/em>Wednesday that Jacqui Krum, Encore Boston Harbor\u2019s SVP and general counsel, relayed to him the company was now \u201cready to go.\u201d<\/p>\n

Theater May Have Fewer Seats<\/h2>\n

\u201cShe had indicated to me that they had reduced the size of the theater, the entertainment venue, to under 1,000 seats — whether that\u2019s 900, 950, 999, I don\u2019t know,\u201d Delaney told the news agency.<\/p>\n

The Rev. Richard McGowan, a finance professor at Boston College who closely follows New England gambling trends, told Casino.org,<\/em> \u201cIt would appear that the Wynn Corp has turned its financial gaze in a different direction.<\/p>\n

\u201cIt appears that Macau and Dubai have become the focus of Wynn’s expansion. While Encore Boston Harbor has done well lately, the dream of making that site a full-scale entertainment [district] has passed,\u201d McGowan added.<\/p>\n

Legal Issue<\/h2>\n

The MGC also has to determine whether the planned development is part of Encore\u2019s \u201cgaming establishment\u201d footprint, State House News Service<\/em> reported. If it is under the footprint, it would fall under MGC\u2019s oversight and Massachusetts\u2019 gaming law. A decision by the commissioners may be made in March.\u201c<\/p>\n

We are pleased with the progress we\u2019re making on designing a development plan that will act as a springboard to create a Lower Broadway Entertainment District,” an Encore spokeswoman told Casino.org <\/em>last month. “We continue to evolve that plan and will present it to the Massachusetts Gaming Commission at the appropriate time.\u201d<\/p><\/blockquote>\n

There was no immediate comment from Encore Thursday on the latest news about the development plan. Also, plans for the Broadway development remain at the Everett Planning Department<\/a>. But public hearings will not move forward until a revised proposal is ready, Delaney said last month.<\/p>\n","protected":false},"excerpt":{"rendered":"

Encore Boston Harbor apparently is looking to scale down a planned economic development across from the Everett, Mass. gaming venue, according to a Massachusetts Gaming Commission (MGC) official. It appears a proposed entertainment building will have fewer than 1,000 seats, as opposed to the earlier 1,800 seats. The revised proposal is likely to be presented […]<\/p>\n","protected":false},"author":44,"featured_media":200351,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,13592],"tags":[],"acf":[],"yoast_head":"\nEncore Boston Harbor Development Plan Could Propose Smaller Venues<\/title>\n<meta name=\"description\" content=\"Encore Boston Harbor is looking to scale down a development across from the casino. 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