BOSTON Boston Mayor MartyWalsh has asked for more time in the city’s negotiations with Mohegan Sun and Wynn Resorts on financial compensation for the potential impact of nearby proposed casinos.
The casino giants are competing for the lone gambling license in the Boston area. The two sides had set a Monday deadline to reach a deal.
Walsh spokeswoman Kate Norton said Monday the city and Mohegan Sun, which proposes a $1.3 billion casino in Revere, have agreed to extend negotiations to Friday. She said the city and Wynn, which proposes a $1.6 billion casino in Everett, have agreed to extend talks to Wednesday.
If a deal isn’t reached, the sides go to arbitration.
Public hearings on the proposals are Tuesday in Revere and Wednesday in Everett. State regulators are expected to award the license by early September.