Revere to Sue Massachusetts Gaming Commission Over Everett License

on 05 มี.ค. 2020 in Slots Of Vegas Casino

Revere to Sue Massachusetts Gaming Commission Over Everett License

Suffolk Downs Racetrack will be forced to close following the unsuccessful Revere casino bid.

The City of Revere near Boston will sue the Massachusetts Gaming Commission over its decision to award the East Massachusetts casino gaming license to Wynn Resorts over Mohegan Sun. Mohegan Sun, which wished to develop a $526 million casino on land owned by the Suffolk Downs Racetrack in Revere, lost the permit battle month that is last a protracted bidding process which cost both sides huge amount of money, and also at times descended into tit for tat recriminations.

While Wynn now focuses on its vision of creating a resort in Everett, just a couple kilometers to the east, Revere is left to pick the pieces up and mourn the resulting closing of this historic Suffolk Downs thoroughbred racetrack.

The horseracing industry had been hit by a 40 percent reduction in recent years and it had been believed that the proposed Mohegan Sun resort would be adequate to truly save Suffolk Downs, whose owners had pledged to continue operating for at minimum another 15 years should Revere win the permit.

In reality, the need to safeguard Suffolk Downs was among the primary motivations for the establishment of the 2011 Gambling Act, which expanded casino gaming in the state and created the eastern Massachusetts casino license. The decision to choose Wynn Resorts has hammered the nail that is final the thoroughbred horseracing ind อ่านต่อ