Thursday, April 8, 2010

Wynn pulls out of Foxwoods deal

Wynn Resorts Limited said today it is pulling out of all agreements and negotiations regarding the proposed Foxwoods Casino in South Philadelphia.


"We are fascinated by the legalization of full gaming in Pennsylvania and stimulated by the opportunity that it presents for Wynn Resorts, but this particular project did not, in the end, present an opportunity that was appropriate for our company," commented Stephen A. Wynn, chairman and CEO of Wynn Resorts

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