![]() Gattineri, who had a stake in FBT, alleged that Wynn had promised him an additional $19 million as part of a secret oral agreement, reported Massachusetts Lawyers Weekly. ![]() However, concerns arose about potential connections between FBT and a convicted felon with ties to organized crime, leading the Massachusetts Gaming Commission to limit the sale price to $35 million, the fair market value if the land was not used for a casino. The controversy began when Wynn Resorts, in an effort to secure a casino license in Massachusetts, entered into a deal to purchase a parcel of land in Everett and Boston for $75 million. Wynn Resorts’ Land Purchase Raises Questions of Secrecy and Public Policy Violation ![]() The agreement, which would have entitled Gattineri to an additional $19 million from the sale of land that became Encore Boston Harbor, was concealed from gaming officials, leading the court to rule against its enforceability on grounds of public policy. ![]() The Massachusetts Supreme Judicial Court has declared that a confidential agreement made between Wynn Resorts and Anthony Gattineri, a minority owner of FBT Everett Realty, LLC, is not enforceable. ![]()
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