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Revere to Sue Massachusetts Gaming Commission Over Everett License

Revere to Sue Massachusetts Gaming Commission Over Everett License

Suffolk Downs Racetrack will be forced to close following unsuccessful Revere casino bid.

The City of Revere near Boston will sue the Massachusetts Gaming Commission over its decision to award the East Massachusetts casino gaming license to Wynn Resorts over Mohegan Sun. Mohegan Sun, which wished to build a $526 million casino on land owned by the Suffolk Downs Racetrack in Revere, lost the license battle month that is last a protracted bidding process which cost both sides huge amount of money, and at times descended into tit for tat recriminations.

While Wynn now focuses on its vision of creating a resort in Everett, just a couple kilometers to the eastern, Revere is left to pick up the pieces and mourn the resulting closure for the historic Suffolk Downs thoroughbred racetrack.

The horseracing industry had been hit by a 40 % reduction in recent years and it ended up being believed that the proposed Mohegan Sun resort will be enough to save lots of Suffolk Downs, whose owners had pledged to carry on running for at least another 15 years should win the license revere.

In reality, the necessity to safeguard Suffolk Downs was among the primary motivations for the establishment of the 2011 Gambling Act, which expanded casino gaming into the state and created the eastern Massachusetts casino license. The decision to opt for Wynn Resorts has hammered the final nail into the thoroughbred horseracing industry

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投稿者 : bsaimin Slots Of Vegas Casino 2020年3月5日 コメント無し