A new report says delays in building the two licensed resort casinos in Massachusetts could cost the state $ 1 billion in lost revenue.
The opening of the casinos planned in eastern and western Massachusetts could be pushed back to 2018. Because that is two years later than originally anticipated the state would lose $1 billion in projected revenue, according to the Boston Globe.
In Springfield, MGM wants to delay its casino because of major repair work just beginning on I-91.
Massachusetts Gaming Commission Chairman Stephen Crosby said he would like the casinos to open as soon as possible, but there are circumstances beyond anyone’s control.
" What we are here for is long term gain," he said.
The proposed Wynn casino in Everett is facing a difficult environmental review and lawsuits by neighboring cities.
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