Casino mogul Steve Wynn is the big winner in the race to build a gaming industry in Massachusetts. He beat out Connecticut's Mohegan Sun in the competition for the Greater Boston license, likely the most lucrative awarded by the Massachusetts Gaming Commission.
Massachusetts Gaming Commissioners evaluated casino proposals from Mohegan Sun and Wynn Resorts in five categories and suggested changes to both projects. Final deliberations by the regulators that could lead to the awarding of a greater Boston license will begin Sept. 15
Originally published on Thu September 11, 2014 7:01 pm
The Massachusetts Gaming Commission will meet Monday to consider issuing a license for a casino in greater Boston.
The gambling industry regulators have completed an exhaustive review of the two competing casino proposals and have suggested changes to both projects. Mohegan Sun and Wynn Resorts will respond to the commission’s suggestions by the end of this week. Acting chairman James McHugh said there will be a public discussion of the strengths and weaknesses of each proposal.
Originally published on Tue September 9, 2014 12:35 pm
On Monday, the four Capital Region casino applicants appeared in Albany to present their proposals to the New York State Gaming Facility Location Board.
With gamblers seemingly preferring to visit smaller casinos closer to home, the presentations four developers delivered before the New York State Gaming Commission’s location siting board offered practical mid-size packages. "We are committed to developing the best site there is in a way that best serves this community, its citizens and its economic goals"
Originally published on Tue September 2, 2014 12:24 pm
After operating for only two years, the Revel Casino Hotel has closed down, part of a trend that will reportedly shutter a third of Atlantic City's big gambling halls by the end of September. It cost $2.4 billion to build the Revel facility.
"It's a tragedy," massage therapist Lori Bacum, who worked at the resort's spa, tells NJ.com. "There were some warnings, but none of us thought it would happen. We felt so safe, because this was the place that was going to take (the city) to a new level."
Originally published on Fri August 29, 2014 12:50 pm
As established casinos across the Northeast close their doors or administer cost-cutting measures, New York is just getting into the game. And although it won’t host a casino if its own, Albany has become a key player.
The mantra has been "jobs and the economy," and New York's capital is crossing its fingers, hoping for a windfall should a casino go up in nearby Rensselaer County.
Originally published on Tue August 19, 2014 10:43 am
The rising number of casinos in New England that’s hurting the Foxwoods Resort Casino is both a threat to table games in Rhode Island and the reason to add more.
Analyst Clyde Barrow said the Foxwoods Resort and Casino in Connecticut has been losing millions of dollars since its peak in 2006. To blame: a slow economic recovery and a growing number of casinos in New England.
Six years after Mohegan Sun planted its flag in Palmer with the idea of building a western Massachusetts resort casino, the Connecticut-based company is leaving the rural town and giving up control of a 152-acre site.
Mohegan Sun is terminating a 99-year lease on the former casino site -– a wooded hillside just off the MassPike — and giving up pursuit of a non-casino development there. Town officials and the landowner, Northeast Reality, were notified Monday.
Originally published on Sun July 20, 2014 12:46 pm
MGM is preparing to purchase two city-owned buildings in Springfield for the Las Vegas-based company’s casino project.
Springfield Mayor Domenic Sarno said MGM intends to close on the sale of the properties by the end of this month despite the statewide casino referendum in November that could kill the Springfield project.
" They have honored everything they have had to honor up to this point."
What's become of game shows in America? Since their television debut in 1938 we've seen everything from microwave ovens to million dollar payouts awarded to lucky contestants. Now, in a television culture increasingly captivated by reality T.V., we see traditional game shows being crowded out by reality competition shows at an alarming rate. What will become of the time-honored genre? Are we witnessing the end of an era or will a new generation of Trebeks and Sajaks emerge to save the day?
Massachusetts’ highest court ruled today that a question asking voters to repeal the state’s casino law can go on the November ballot. It sets up what promises to be a hard-fought campaign to decide the fate of the fledgling gambling industry in Massachusetts.
An artist's rendering of the Springfield casino proposed by MGM Resorts. It was awarded the state's first casino license on June 13,2014, two-and-a-half years after Las Vegas-style gambling was legalized in Massachusetts.
The Connecticut Department of Transportation has scheduled two meetings to provide information about improvements at railroad grade crossings. This is for a planned high-speed rail line from New Haven to Springfield via Hartford. The railroad grade crossings are planned for Wallingford and Meriden.
The Massachusetts Gaming Commission voted on Friday to award a western Massachusetts casino license to MGM Springfield, as soon as a repeal issue is resolved. Springfield Mayor Domenic Sarno called the casino one of three essential ingredients to revive the city's "urban core."
State gambling regulators considering awarding the state's first casino license to MGM Resorts International have given its proposed $800 million casino in Springfield high marks for its finances and its building and site design.
Foxwoods Resort Casino has announced plans to close parts of one of its casinos on weekdays, and lay off employees. This is the latest bid to brings costs under control as its gaming receipts continue to drop.
Connecticut fast food workers joined national protests today calling for higher wages. Workers are asking for $15 an hour. Connecticut raised the minimum wage to $10.10 an hour by 2017. The federal minimum wage of $7.25 an hour was last raised in 2009. And that works out to about $15,000 a year for a 40 hour work-week.
The Massachusetts Gaming Commission is scheduled to hold a final public hearing in Springfield today on the casino proposed by MGM. It is a last chance for commissioners to gauge public sentiment before completing a lengthy evaluation of the sole resort casino applicant in western Massachusetts.
Connecticut legislators are putting the finishing touches on their work—as this year's regular legislative session is scheduled to end at midnight tonight. While numerous bills still need approval from one chamber or another, many major pieces of legislation from this year's session have already been approved. The list includes a revised $19 billion dollar state budget for the fiscal year beginning July 1.
The Massachusetts Supreme Judicial Court will hear oral arguments Monday on whether a question to repeal casino gambling should appear on the November election ballot.
The decision by Attorney General Martha Coakley’s office to ban the question from the ballot is being challenged in the state’s highest court by anti-casino activists led by John Ribiero, chairman of the group Repeal the Casino Deal.
" There is no reason for us to be kept off the ballot."
The electronic lottery game keno could come to Connecticut after all. Keno surfaced at the very end of last year's legislative session as a way to balance the new two year budget. But earlier this year, when a $500 million surplus was announced, lawmakers distanced themselves from the bingo-like game, and a bill to repeal keno seemed like a done deal.
Hundreds of advocates for prohibiting the storage of wastewater from hydraulic fracturing, or “fracking,” as it’s called, delivered petitions with over 5,600 signatures to lawmakers at a rally on Wednesday at the LOB. Though Connecticut doesn’t have the natural resource deposits to engage in the process of digging for natural gas, many fear that companies seeking to store the waste created by the process will make their way to into Connecticut from outside the state. They want Governor Dannel Malloy and lawmakers to prohibit it.