Adam Vacarro, from Boston.com., reported that Eugene McCain who lives in Thailand and has agreed to buy a trailer park near the Suffolk Downs horse track in Revere. Suffolk Downs sought last year to become the site of a resort casino, and McCain’s proposed law sets parameters that would make his site a fit for the second slots parlor.
Eric Schippers, a Penn National senior vice president, said in a statement, “We don’t think a trailer park owner from Thailand, who has no affiliation to racing, should get to change the rules in the middle of the game by trying to add a slots parlor at a racetrack.”
Basically, this would mean Massachusetts changing the rules for participation in the Bay State casino movement. Mr. Vacarro sums it up best saying “A year ago, the first entrants into the young gaming industry in Massachusetts banded together to fight a ballot question that would have made casinos and slots parlors illegal…..Now the companies are lining up for a different cause that could find itself in front of voters next year: to keep another entrant from joining the market.”
The success in Plainville with Plainridge Park Casino seems to be turning minds towards greed and away from market saturation. The success of Plainridge still awaits proof over time. Check out a previous post “Plainridge Park Casino Future Looks Good – Will It’s Success Last?”
Wynn Everett, MGM Springfield and Plainridge were given their casino licenses considering the rules put in place by the Massachusetts Casino Law in 2011. Then the three standing casino giants – Wynn Resorts, MGM International & Penn Gaming – had to work together to squelch an anti-casino movement, raising $14 million for a decision in favor of the casino law. Now, they are being asked to sit back and watch additional players sit down down at the gaming table “mid-shoe” on a positive advantage game.
Suffolk Downs has not participated in this consideration, and both MGM & Wynn has not commented. Besides, the Massachusetts Gaming Commission still has to deal with the Wampanoag (Taunton) Casino proposal vs. the Brockton casino proposal – both in Region C, which has complicated the gambling industry in Massachusetts further. The confusion in Region C can be seen in “Tribal Casino News in Massachusetts Points to Saturation Problems”
If you pick up a seashell on the New England coastline, instead of the sea waves, you may hear the echos of a voice saying “New England Casino Saturation” over and over again. Maybe we should be listening?
That’s all for now.