EVERETT, Mass. (AP) — Officials in Everett are ready to take the next step in their bid to bring a casino to the city.
Mayor Carlo DeMaria plans on Thursday to announce details of a host community agreement reached after negotiations with representatives of Las Vegas casino operator Steve Wynn.
The agreement will require approval by city voters in a referendum.
Wynn has proposed a $1.2 billion resort casino at a former industrial site on the Mystic River. A rendering of the plan released last month showed a 19-story hotel and casino with restaurants and retail shops along a riverwalk.
The proposal would be in competition with the Suffolk Downs racetrack in East Boston and a group hoping to build in Milford for the sole eastern Massachusetts resort casino license.