Wynn Resorts has renamed the $2.5 billion casino it’s building outside of Boston to Encore Boston Harbor, as the company continues to take steps to distance itself from founder Steve Wynn after sexual misconduct allegations.
New CEO Matthew Maddox confirmed the long speculated change to state gambling regulators Friday as they considered the company’s request to remove Wynn’s name from its Massachusetts casino license.
Wynn resigned as chairman and CEO and later sold his company shares following the allegations, which he denies.
“This company is not about a man. Steve Wynn is not Wynn Resorts,” Maddox said. The company “…is about the 25,000 employees that grow this company every day.”
More about the name change at Press of Atlantic City