Maine Casino News 4/16/2015

While the casino industry is getting ready to duke it our in southern New England, there has been rumblings up north in Maine.  Here is a smattering of news from the Pine Tree State.

Planning continues for the 2015 season of Nova Star Cruises, which connect Maine with Nova Scotia.  “With upscale dining, a casino, full-service spa, duty-free shop and other amenities, sailing on Nova Star is a great experience, but this year it will be even better,” notes Mark Amundsen, President & CEO, Nova Star Cruises.

According to the Bangor Dailey News, a tribal representative for the Houlton Band of Maliseet Indians, Henry John Bear, is asking the Maine Legislature to back his proposed bill that could lead to a casino for his tribe in Aroostook County.  Under the measure, the proposed casino would be on tribal land in Houlton and would be limited to 350 slot machines.

Oxford Casino Logo & SayingOxford Hotel got closer to happening when the town of Oxford has approved a tax break for the developers of the $15.4 million Hampton Inn, which is being planned to be built across from the Oxford Casino.  The Sun Journal reported that the 15-year credit enhancement agreement will allow Quincy, Mass.-based GIRI Group LLC to be reimbursed for some of the taxes it pays on the property.  Under the deal, the town will take an annual 20% of the property’s increased taxes and put it into a special account for the developer. The total allocation will be $367,500.

That’s all for now.