Wynn Resorts, Limited (NasdaqGS:WYNN) is looking to sell its yet-to-open 671-room resort outside Boston. The sale talks with MGM Resorts International (NYSE:MGM) were revealed late on May 17, 2019 (May 18, 2019 AEST) and just weeks ahead of the official launch of the $3.8 billion complex that has been eight years in the making. While the Wynn sales talk was described as "very preliminary" and unrelated to any considerations involving Crown, it highlights a gaming market in considerable flux.

Wynn Resorts' Chief Executive Officer, Matthew Maddox said just over a week ago that Wynn Resorts would always look for top-notch assets in "cities that are global destinations". “A new Chief Executive Officer at Caesars Entertainment Corporation (NasdaqGS:CZR) who is looking for a potential merger or sell-off opportunity, the Wynn sale in Boston, and the sale of two major properties in Las Vegas,” said Brendan Bussman, partner at Global Market Advisors. Talks over a possible sale to Wynn rival MGM have been under way for several weeks and were in the "very" preliminary stages, the companies said in a joint statement on May 17, 2019.

Wynn and MGM confirmed the Encore talks after being pressed by The Boston Globe last week.