Wynn Resorts (WYNN) is not yet past the wake of allegations relating to sexual harassment against its founder and namesake Steve Wynn, but with the resignation of Mr. Wynn, and the selling of all of his stock, the company has made strides in moving on from the fiasco.

One of the major ongoing projects that the company has underway is a $2.5 billion Wynn-branded casino near Boston, Massachusetts. With the sexual harassment news relating to Steve Wynn hitting the headlines, it is no shocker that the Commonwealth of Massachusetts called into question the status of the gaming license associated with the project.

Being realistic, there is little chance that there will be no casino in Boston. Whether Wynn gets the license, or another entity, there is value to the project, and customers will be playing blackjack, slot machines, and roulette in Boston next summer. That being said, the value of this property to shareholders cannot be understated, and it would be best from an investment perspective if that project remained in the proverbial Wynn Resorts fold.

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