Will Proposed Worcester Slot Parlor Be a Twin Nuisance?

Remember, the word is SA-TU-RA-TION…..

With the number of casinos in Mass possibly growing to four, a casino in New Hampshire still possible (if not three little local casinos in New Hampshire instead?), and a slots only casino in Worcester, MA, are we looking just too much gaming in New England?

ok, so let’s do the possible math:

CT (2) + RI (2) + MA (5) + NH (1) + ME (2) = 12

12 New England Casinos???

The latest info comes from southeastern Massachusetts, where the proponents of the proposed slot parlor in Worcester launched a new offensive on Wednesday night by releasing details to their plan.

Mass Gaming & Entertainment LLC, an affiliate of Rush Street Gaming LLC, publicly released the details to their proposal and unveiled renderings tonight for its proposed Worcester casino at the Joint Meeting of the Standing Committees on Economic Development and Public Safety.

The proposed casino will spend $240 million to develop the project and include the development of a downtown hotel.

MG&E’s presentation claims big benefits

  1. The jobs plan which will give first priority to Worcester residents for the newly created casino jobs which have substantial benefits packages.
  2. A comprehensive local business partnership initiative, which will provide substantial opportunities for Worcester-based businesses to receive priority as vendors for the casino for a broad spectrum of products and services, including as providers of food and beverages, furniture, equipment, and other supplies for the casino.
  3. Millions of dollars per year in new tax and other revenues to the City.
  4. Planned vendor forums for local businesses to ensure that their participation is maximized, and plans to work with potential onsite third-party operators such as local restaurants.
  5. A comprehensive traffic improvement initiative for the area, which will include significant investment in offsite improvements to roadways, improving area circulation.
  6. Substantial street scape and lighting plans which will make the area more pedestrian-friendly and inviting.
  7. Plans for potential partnerships with local cultural institutions to jointly highlight Worcester as an entertainment destination and increase visitorship to other area institutions.

Many in Worcester have pointed to the lack of hotel rooms to be a major obstacle to economic growth. Below is an artists first renderings:

The proposal for Worcester if approved could create more competition for Twin River in Lincoln, RI. The Rhode Island facility is expanding to include table games and is expected to launch the new games this summer. A significant portion of Twin River’s customers feeds into Rhode Island down Route 146 from Central MA. Table games are supposed to save Twin River from their southern competition in CT, but will a slots parlor to the north 50 minutes away?

It seems to me CT is still their competition. And CT continues to have its own problems with declining revues still on the slide at Foxwoods & Mohegan Sun. While locals in the Worcester area will be tempted to stay home, Twin River Casino will continue to pull from CT and MA because of it’s expansion, holding it’s own locals in-state.

It is amazing to me that withing five years, we could see the number of casinos in New England double from six to twelve!

That’s all for now. Foxwoods Friday is back tomorrow!

Binbin