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MA casino repeal defeated.

Discussion in 'Casino Industry & Development' started by DMSCR, Nov 4, 2014.

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  1. DMSCR

    DMSCR High-Roller

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    Now we can move forward. MA will not be like Atlantic City as the anti-casino crowd have stressed. AC was poorly managed and drowned in its own arrogance. With the presence of MGM and especially Steve Wynn, MA will be the premier gaming destination for the Northeast. This is going to put Springfield and Everett on the map. Especially Everett since that contaminated Monsanto site will be cleaned up. Hopefully things go as planned and on schedule.
     
  2. UTE

    UTE Plastics

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    It's too early to tell. It remains to be seen if the MA casino business model will be sustainable once the initial "new and shiny" phase is over. I'm being realistic - not negative. I hope it works out too.

    Bill
     
  3. Piggylane

    Piggylane Well-Known Member

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    Both cities have been on maps for years! Longer than many cities out West have existed. What a silly comment.

    The casinos will be built with high expectations and knowing both companies well they will be beautiful. I drive through Springfield all the time to and from the airport as I fly out of Windsor Locks (Bradley Field) almost every week. Like most East Coast urban areas this city suffers from some urban blight and the F-3 tornado a couple years ago didn't help. It will be nice to see the area developed and energized.

    What I won't like are the traffic jams on I-91. They will happen at peak times for concerts at the casino. The roads are poorly designed already and in bad shape as are the surface streets. It is for this reason I wasn't convinced this was the best location but that decision has been made.

    Good thing Mohegan Sun and Foxwoods aren't public corporations! Their stocks would be tanked by now!
     
  4. BlacklabberMike

    BlacklabberMike VIP Whale

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    The place that will reap almost immediate rewards will be Plainridge Racino. The buildings are 70% done and the slots will be spinning come April 2015. They'll have 3 years on Everett and Springfield and out of those two I see Everett being the more promising. Boston is a destination, Springfield is not.
    Now if they change the stupid Mass law that says any payout of $600 or more needs to have the 5% state withholding taken out on the spot, Yup, If you bet say $50 on a horse that pays over 5-1 before you can cash the ticket, you have to show a SS# and fill out a W2g. I know this to be true as I have a few from this year. Now the guys at the track figured to bet multiple lower bets.
    the same law applies to table games and slots. can u imagine a hot Craps table being held up to fill out W2G's?
     
  5. BlacklabberMike

    BlacklabberMike VIP Whale

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    91 will be a giant Custer**** more than it is for the next 3 years at least.
    going to have to use 75S to go to the airport
     
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