Also included in the $850 million figure is $358 million in payments in lieu of taxes to Everett. Road infrastructure improvements will cost about $56 to $76 million, and the casino will spend $206 million on other transportation enhancements, including a shuttle, water transport and an Orange Line subsidy. The $850 million includes $210 million in community mitigation, including $125 million to Everett. When it opens on the site of a polluted former chemical plant on the Mystic River, the casino and hotel development will owe a daily tax to the state of 25 percent of its gross gaming revenue. ![]() ![]() 28 from the Office of Energy and Environmental Affairs could result in a Massachusetts Environmental Protection Act permit, allowing the gambling company to undergo a variety of other permitting processes. BOSTON - Between community mitigation payments, payments in lieu of taxes to Everett and transportation improvements, Wynn Resorts plans to expend about $850 million for the area around its planned casino over the term of its 15-year license.Ī decision expected by Aug.
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