Daily News Poker News Online Gaming News Investor News Vegas News Featured Articles
Strategies & Tips Books & Movies
Gaming Life Gaming Tips Comps & Promos
Investor News
HOME > NEWS > Investor News > Wynn could walk if tax issues aren't resolved
RELATED PARTNER LINKS

Wynn could walk if tax issues aren't resolved

31 January 2014

MASSACHUSETTS -- Steve Wynn could bail on the Everett casino proposal if Massachusetts do not come up with a more sensible tax rate, the Boston Herald reported.

Wynn said out in an earnings report phone call that it would be untenable for two casinos in close proximity to compete while being taxed at different rates because one would be disadvantaged, the report said.

Wynn was pointing to a proposed casino by the Wampanoag tribe, which would be taxed at 17 percent, while Wynn or whoever succeeds in pursuit of the Everett licence would pay 25 percent, according to the Boston Herald report.

 
RGT ONLINE SHORTCUTS

> Latest Headlines
   The stories that are the news.

> Daily News
   In depth coverage of the news that
   affects the gaming enthusiast.

> Featured Articles
   Articles by RGT's featured writers.

> Vegas News
   Tales from Sin City.

> Investor News
   Press releases and Investor info.

> Casino City's Online Poker Directory
   The web's most comprehensive online
   poker directory.

> Advanced Search
   Check our archives for past articles.

FREE NEWSLETTER
Sign up for Casino City's Newsletter and a Chance to Win an exciting Casino City Prize
CONTACT RGT ONLINE  |  EDITORIAL STAFF  |  SITE MAP  |  CASINO CITY  |  AUDIOVEGAS