real money casino android app While most of the lawsuits have targeted Wynn Resorts and Encore, this one was directed at the Massachusetts Gaming Commission (MGC). FBT Everett Realty LLC, the company that sold the real estate to Wynn, went after the commission over the price the property ultimately sold for, arguing that the MGC was responsible for helping the casino operator lowball the company. It sought $40 million, which it said represents the fair market value of the property and the difference in the original price Wynn was going to pay..Wynn had reached an agreement in 2015 with FBT to buy the 35-acre tract of land for $75 million in order to expand into Massachusetts. The operator had won the rights to build a casino resort in the state a year earlier and the site was deemed the perfect location. However, not long after the agreement was established, it was revealed that FBT had alleged ties with a criminal, Charles Lightbody, with a sordid past that included assault and involvement in an identity theft ring. As a result, Wynn dropped its price to $35 million in 2013 and the sale moved forward..MGC Played a Large Role in the Sale.FBT felt that it had been robbed of $40 million and that it was all the MGC’s fault.
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