The casino and hotel, built at a cost of $2.6 billion, stands largely empty today. Thibeault has gone on to become a major businessman and is a hugely successful developer. In 2009, FBT Everett Realty (a partnership with Paul Lohnes, Anthony Gattineri, Charlie Lightbody, and Gary DeCicco) did an end run around multimillionaire-trash man Billy Thibeault to gain control of 36 acres that was the Monsanto site in Everett. This becomes apparent in the book “Encore” or “Steve Wynn’s Last Casino,” which will be coming out in the summer. Mayor Carlo DeMaria has a passion for backdoor deals or pressuring someone to do his bidding.
Everett mayor Carlo DeMaria at Encore’s grand opening in 2019.
