STEVE WYNN: 'GOVERNMENT SORT OF AFTER EVERYBODY'


Las Vegas casino mogul Steve Wynn, responding to questions about Caesars Entertainment’s recent woes with the Massachusetts gaming regulators, said Sunday the objections “really amounts to nothing.”

He added, “It’s clear in America today the government is sort of after everybody. And whatever problems Caesars is having it really amounts to nothing when the story is told.”

Caesars Entertainment ten days ago withdrew from the proposed $1 billion partnership with the Suffolk Downs partnership after regulators released concerns the Las Vegas gaming giant.

The withdrawal led to Caesars Entertaiment dropping out of its partnership with a subsidiary of The Gansevoort Hotel Group, which was to operate the former Bill’s Gamblin’ Hall and Saloon.

The commission reported a Gansevoort investor has been under scrutiny, though not charged, over alleged ties to Russian organized crime.

Wynn made his comments after taking part in the ceremonial first tossing of the dice during a sneak preview of the Downtown Grand.

“I was surprised,” said Wynn. “In a way it was very unexpected.”

He called Gary Loveman and other top Caesars executives “really fine people.”

He added, “I don’t know about money laundering or any of that. Those facts are not available to us. I felt sorry for them, that they were going through that. I’m sure it was very uncomfortable for (them) to be in that position.

“It is what it is. We live in a regulated business. I’ve been at it for 47 years. I’m not sure it’s fair but in gaming we’re treated differently. In gaming you’re guilty until you’re proven innocent and in everything else, just the opposite.

“I mentioned when I was in Boston,” said Wynn, “there was some sort of presumption that we had to be vetted to prove that we weren’t bad guys. Some people find that offensive.”

 

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