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MADem

(135,425 posts)
3. People are going to go to Twin Rivers, to Mohegan Sun, etc.
Thu Mar 1, 2012, 09:02 AM
Mar 2012

MA loses millions every year to those places.

I don't think this idea is going away. The revenue and the jobs that the facilities will create are strong incentives to go forward.

Under the Massachusetts law, which allows for three casinos to be built in three different regions, the state will pocket 25 percent of the gambling proceeds, plus 40 percent of the proceeds from a separate slot parlor that it will also allow. It is a potential bonanza that, combined with thousands of promised jobs, has much of New England poised to cast aside Yankee restraint and follow suit.

The type of law that Massachusetts passed is different from the more limited arrangement Connecticut has with two Indian tribes, which gives the tribes exclusive rights to offer casino gambling at Foxwoods and Mohegan Sun in exchange for a portion of their revenues.


http://www.nytimes.com/2012/02/26/us/new-law-in-massachusetts-allows-for-three-casinos.html?pagewanted=all
Latest Discussions»Region Forums»Massachusetts»Plans for Mashpee Wampano...»Reply #3