Brian Gullbrants, President of Encore Boston Harbor, has written to employees to assure them that the property is not for sale, reports MassLive.
In a note to staff dated December 19, and with reference to an article published the day before in the Everett Leader Herald, Gullbrants wrote: “It has been falsely reported that Encore Boston Harbor is for sale.
“I want to assure you that our company has not engaged in any conversations about the sale of the property,” continued the message, a copy of which had been obtained by MassLive.
“In fact, we are very excited about and committed to the future of Encore Boston Harbor and we cannot wait until we are fully re-open, and we have all of our team members back with us every day.
“The team is hard at work planning for the future of Encore, post-COVID, and we can’t wait to share all of these exciting new ideas with you,” stated Gullbrants.
Gullbrants was appointed president of Encore Boston Harbor in October, after Robert DeSalvio stepped down, having led the $2.6bn project in Everett, Massachusetts, through construction and its first months of operations after opening in June 2019.
The rumours of a $800m sale emerged as the casino sector continues to struggle amid ongoing COVID-related trading restrictions.
Matt Maddox, CEO of Wynn Resorts, which operates Encore Boston Harbor, said last month that the 9.30pm COVID curfew could mean up to 1,000 full-time equivalent workers being furloughed. This followed 385 layoffs in August.