
Has Mass. Lost Its Casino Bet?
The two large resort-style casinos won approval from state regulators in no small part due to their perceived potential to be engines of economic development. A new study throws doubt on that hope.
The two large resort-style casinos won approval from state regulators in no small part due to their perceived potential to be engines of economic development. A new study throws doubt on that hope.
If we get hit with anything like what we have seen from afar in China, there will be major disruptions to every facet of life, including businesses.
The plans for a mixed-use development with a horse track and gambling hall in Wareham now envision a slots parlor at the site rather than a small-scale casino as originally envisioned when the project was announced last month.
Even though it is over $14 million off its first-year monthly revenue projections, the president of MGM Resorts International is calling the company’s Springfield casino a success.
A bipartisan group of lawmakers from around Connecticut announced Wednesday they’ve crafted a wide-ranging compromise bill that could lead to two new tribal casinos in the state and legalized sports betting.
MGM Springfield counted $22.29 million in revenue from its slot machines and tables games last month and the slots at Plainridge Park Casino generated $14.84 million in revenue in May, a cumulative total of $12.84 million of which will flow to the state.
The discussions between Wynn Resorts and MGM Resorts around a possible sale of the soon-to-open Encore Boston Harbor casino in Everett are over and Wynn Resorts says it is committed to its Boston-area project.
Pledging that the company has undergone a “transformation” since Steve Wynn left the last year while embroiled in sexual misconduct allegations, Wynn Resorts on Tuesday set out to convince the Massachusetts Gaming Commission that it remains suitable to hold the lucrative Boston-area casino license.
Maybe you can’t wait to bet on the Celtics or Patriots, or maybe you don’t particularly give a hoot. But either way, if we’re going to legalize sports betting in Massachusetts, could we just pass a bill and get it over with and not spend years pointlessly debating it?