The commission didn’t resolve the ownership question, but decided that FBT shouldn’t be allowed to collect the multi-million-dollar premium price allowed for the proposed casino site and warned Wynn that its license application was in jeopardy unless the matter was addressed, according to the SJC. When the commission’s investigators questioned FTB about Charles Lightbody’s suspected interest, the ownership group said he previously had a stake in the property but had sold it. At the time, the commission was considering Wynn’s application for one of three highly coveted casino licenses being offered by the state.
