The Gaming Commission gambled on two Las Vegas giants — Wynn Resorts and MGM — and Massachusetts lost.

Wynn lied to the commonwealth of Massachusetts to get its license when it failed to disclose a raft of sexual-harassment claims against former chairman Steve Wynn. It was rewarded for duping the regulators with a slap-on-the-wrist fine of $35 million — a pittance. But probably fearing the legal consequences of staying in this market when its license is being challenged in court by competitors, Wynn disclosed last week it is in talks to sell to MGM. To cut its losses, and probably still walk away with a profit on its investment. It’s a Wynn win.

Meanwhile, the two New England bidders, Suffolk Downs and Mohegan Sun, have been cut out entirely.