In the news, Brian Gullbrants, president of Encore Boston Harbor in Everett, Massachusetts, revealed that the casino resort is not for sale.
The Encore Boston Harbor in Everett is not for sale
Citing an unknown source, Everett Leader Herald announced last week on Friday that Encore Boston Harbor in Everett in Massachusetts it could be up for sale for approximately $ 800 million. But Brian Gullbrants, president of the Everett casino, contested this statement.
In a message from Mass Live Gullbrants revealed that it was "falsely reported that Encore Boston Harbor is for sale". He added that the company did not hold any talks regarding the sale of the property.
In addition, Gullbrants revealed that the company is "very excited and committed”Into the future of Encore Boston Harbor. He added that the center was patiently waiting for the moment when will be able to fully reopen and restore all team members daily. "The team is hard at work planning for Encore's future after the COVID event occurs and we look forward to sharing these exciting new ideas with all of you."- summed up the president of the casino.
Construction on Encore Boston Harbor in Everett began in 2015 and was completed in 2019. Wynn Resorts paid approx $ 2.6 billion to build a casino complex. With this in mind, according to a recent study by UMass Donahue Institute, the facility generated $ 1.6 billion of total value for Massachusetts.
In addition to the contribution in the form of stunning economic benefit of $ 1.6 billion, the casino construction process in 2015-2019 included about 6,700 people. According to a UMass Donahue Institute report, the average worker spent 760 hours working on a project, earning an average of $ 36.50 or a total of $ 47.89 an hour which is actually more than an average of $ 35.83 an hour.