Wynn terminates Foxwoods Casino discussions

Casino developer Steve Wynn addresses Pennsylvania state gambling regulators at the Keystone Building in Harrisburg, Pa., Wednesday, March 3, 2010. (AP Photo/Jason Minick)

April 8, 2010 8:47:39 PM PDT
Casino operator Wynn Resorts Ltd. said Thursday it is dropping its bid to rescue a troubled waterfront casino project in Philadelphia, saying the project isn't appropriate for the company.