Wynn likely looking at Northern NJ

Jan 12, 2016 3:09 AM

Steve Wynn has not talked publicly about the casinos that might be permitted in Northern New Jersey, but it is no surprise to anyone that he would probably leap at the chance to put his stamp on one of the two projects that might be allowed close to Manhattan.

Whether this possibility moves forward depends on lawmakers getting the issue to the November ballot.

Don’t forget, Wynn looked seriously but briefly at Aqueduct a few years ago back when the Manhattan track’s future as a giant slot house was still being discussed, back before Genting arrived on the scene.

Wynn is monitoring all the possibilities connected with any of the major U.S. metropolitan areas that may open doors to the casino business. But legislative action will not mean much if it does not include the chance to make a profit.

Major companies have fought their way through so many skirmishes with contrary politicians and special interests that it will take more than a supposedly open door to get the interest of a company such as Wynn’s.

No one wants to see another Macau with its challenges based on personalities and paranoia that forced a rewriting of business plans and etched frowns into the faces of CEOs.

Phil Hevener has been writing about the Nevada gaming business for more than 30 years. Email: [email protected].