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:
- 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.
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.
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.
- 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.
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)