What an entertaining year it’s been in New England’s Casino and Gambling news. And it continues to be interesting to see how communities, gambling giants and states continue make proposals and initiatives. Here’s the latest:
In Massachusetts, neighboring communities as far as 20 miles away are asking for”surrounding community compensation” from the impact of MGM’s proposed casino in Springfield. It seems the impact of the casino has far reaching effects – negative, of course, – that MGM will have to pay for. So, let me get this straight. Communities like Northampton are saying “We don’t want you in our backyard, we don’t want you in our state. But seeing that you are so close (20 miles?), you better compensate us for all the evil you will bring. Instead of monetary adjustment, mabe they should hire New Jersey Governor Christie’s ex-aids to come up with other interesting ways to show their unhappiness – maybe gridlock route 91.
Rhode Island’s Twin River Casino owners are investing outside of New England with the acquisition of the Hard Rock Casino in Biloxi, Mississippi. T his will now give a chance to broaden into different markets, much like Mohegan Sun in CT did with the Pennsylvania market at Mohegan Sun at Pocono Downs.
New Hampshire is back in the casino proposal game with “deja vu all over again.” A special gambling panel charged with developing regulations for a future casino voted to recommend that New Hampshire legalize one casino with up to 5,000 video slots and 150 table games. Here we go again, a year ago, a proposal was shot down by the legislature. The wheels continue to churn in New England. A look at this months entertainment in my next post.
That’s all for now.