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Face-off at the N E Corral

Ok, I get it – when money is involved, friends turn into enemies – especially in the casino industry. The battle cry in New England seems to be “don’t shoot until you see the green in their wallets – going over the border!”  You’d think it was the beginning of WWIII – casino revenue is that important in the northeast.  As a review, recent developments include:

CONNECTICUT

  • Leading lawmakers propose up to three new casinos in the home state of Mohegan Sun and Foxwoods. One of the casinos could be run jointly by the two tribes.
  • Foxwoods is also slated to open a lot of retail with its Tanger Outlets shopping complex
  • Mohegan Sun announced plans for a second, 400-room hotel to open by 2016.

New HampshireNEW HAMPSHIRE (Yes, New Hampshire…..again?)

Lawmakers are again considering allowing two casinos in the state because propsed Massachusetts casinos take a bite out of the state’s vital hospitality and tourism industries.

maine mapMAINE

Still calling for more casinos? A recent report suggests there are still opportunities in the state’s northern and southern extremities, even though Hollywood’s 24-hour experiment failed and caused the property to resume its old hours of operation.

MGCMASSACHUSETTS (the big meany?)

  • MGM Resorts International is slated to break ground on an $800 million resort in Springfield
  • Penn National Gaming is set to open the Plainridge Park Casino, a 1,250-machine slot parlor at the harness racing track in Plainville, this June.
  • Wynn Resorts has set its sights on a 2017 opening for its $1.7 billion casino for the Boston area.
  • The Southeast license is still being sought – third Las Vegas-style casino in the state
  • The Mashpee Wampanoag tribe also hopes to build their own resort casino in the region.

RIRHODE ISLAND – Twin River Casino is purchasing the Newport Grand slot parlor, and building  a 150- to 250-room hotel.

VERMONT (Are you serious?) Yes – A Republican lawmaker has filed his near-perennial proposal to open a single casino in the Green Mountain State

And, if those stories aren’t telling, check out the tone of these latest headlines from all over New England:  (sorry for my sarcastic critiquing in italic = can’t help myself)

Growing competition, economy cost CT casinos $1.2B (this is still news?)

image(18)Twin River’s expansion puts pressure on Conn. casinos (as well as Plainridge Park)

Smoking seen as competitive edge for R.I. casinos  (Wow, smoking seen as a plus – what’s next as a game-changer?)

mohegansunearthhotelMOHEGAN SUN IS EXPANDING, UNVEILS PLANS FOR A SECOND HOTEL Over 1,000 permanent and construction jobs to be added or retained (that’s a good thing, right – yet people can’t understand how it helps?)

Foxwoods, Mohegan Sun Face Tough Future (Really?)

NE states face off in race for casino cash (What do the brackets look like?)

Connecticut Tribes Propose Casino Partnership to Battle Competition (Once at odds, now working together on the odds)

thSchaghticoke Tribe Mulls Gambling Hall in Kent, CT (the CT pie gets smaller)

Connecticut Public Skeptical of More Casinos (Mr. Steele, any comment?)

thMassachusetts key driver in New England ‘Cold War’ over casino dollars (I hope the Mass driving is better for the region than what I see on I-95)

Connecticut tribe wants casino near NY border (and maybe an iron curtain with only one toll booth)

That’s all for now.

Binbin

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