Monday, May 9, 2016

MA Gaming Commission Shoots Down New CasinoNO Deposit bonus $43

A proposed $677 million casino for the Brockton Fairgrounds in Brockton, Mass. was rejected by the state Gaming Commission last week.

The vote was 4-1 against the casino, which might has been in-built the similar Southeastern region because the $1 billion casino from the Mashpee Wampanoag tribe. Ground was broken for that tribal casino in April, which came after an extended process involving the tribe securing reservation land.

It took the Commission two days of deliberations to reject the Brockton casino plan, which followed a years-long effort from the gang behind the casino proposal, Mass Gaming & Entertainment, in line with The Boston Globe.

The Commission said that the casino would face stiff competition from the already-approved tribal casino located 20 miles away, but added that the valuables design put forth by Mass Gaming & Entertainment was also “less than a knockout.”

Wynn Resorts, that is building one of the vital other two Massachusetts casinos, was actually told something similar by the Commission greater than a year ago. Wynn redesigned the Boston-area casino after regulators said the former design was too generic.

The denied Brockton casino implies that the Mashpee Wampanoag, which negotiated a compact with the state, pays 17 percent of its gaming win to the state. If the competing casino have been allowed, the tribe would have paid nothing to Massachusetts.

“We evaluated and deliberated as thoroughly and comprehensively as we possibly could," MGC Chairman Steve Crosby said. “These decisions are difficult and we acknowledge can also be very disappointing for the invested participants. However within the end, the Commission has a responsibility to make a large decision in view of all considerations and that incorporates the most productive long-term interests of the Commonwealth.”

In addition to the casinos from Wynn and the Mashpee Wampanoag, MGM Resorts is in the course of a building an almost $1 billion casino in Springfield.



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