THE EVERETT ADVOCATE - Friday, March 1, 2019

Page 1

EVERETT

AD VOCATE Vol. 28, No. 9

-FREE-

SENATOR DIDOMENICO HONORED

www.advocatenews.net

2.60% APY

Free Every Friday

By Christopher Roberson

F

ollowing an executive session on Feb. 20, the Massachusetts Gaming Commission voted unanimously to in-

*

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*Annual Percentage Yield {APY) is accurate as of February 14, 2019 and is subject to change without notice. Fixed Rate Certificate of Deposits are guaranteed for the term of the Certificate. Minimum deposit to open the account and to obtain the APY is $500. APY is based on the principal and interest remaining in the account for a period of one year. Substantial penalty may be imposed for early withdrawal. The 9 month certificate will automatically rollover to a 6-month certificate unless the customer chooses another product and the 14 month certificate will automatically roll over to a 12 month certificate unless the customer chooses another product. No out of state deposits. Consumer account only and a maximum deposit of $250,000.00. The 9 Month Certificate does not apply to Individual Retirement Accounts (IRAs.)

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struct its legal counsel to draft a settlement agreement to dismiss the legal action that was brought against the commission by Stephen Wynn, former chief executive officer of Wynn Resorts, which owns Encore Boston Harbor. Commissioner Gayle Cameron said the agreement will “enable the commission to receive an investigative report and move forward with an adjudicatory proceeding regarding Wynn Resorts’ suitability as soon as possible.” In addition, the commission has stated that failing to settle the lawsuit would “almost certainly” delay the opening of Encore, which is currently scheduled for June. However, Wynn has yet to agree to the settlement. Wynn filed the lawsuit on Nov. 7, 2018, after the commission launched an investigation against him stemming from a number of sexual harassment claims made by former female employees. Although Wynn denied the accusations, he felt compelled to resign as the company’s CEO on Feb. 6, 2018. “I have found myself the focus of an avalanche of nega-

GAMING | SEE PAGE 19

O M KE S S Y H K C

OP

Fax: 617-387-7753

LU

Phone: 617-387-2700

SINCE 1921

Friday, March 1, 2019

Gaming Commission offers Wynn legal settlement

*

9 MONTH

2.70% APY

617-387-2200

SEE PAGE 4

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