Please do not leave this page until complete. This can take a few moments.
The head of the commission overseeing the state's transition into casino gambling said today that his panel will employ a rigorous process that will ensure "local control" and minimize the impact on businesses when it begins siting up to four gaming facilities across the state.
Stephen Crosby, chair of the Massachusetts Gaming Commission, told Worcester-area business leaders this morning that the three "resort style" casinos that the law allows will not have all the elements that casinos in other states have, such as entertainment, retail and sports.
"We have specifically said that is not what we're looking for here," he said. "Our bidders need to coordinate with local businesses … they need to cross-market with other tourism venues, restaurant venues, and entertainment venues."
The casino gaming law, passed last year, also has a "tremendous local control element" that Crosby said has earned it compliments from casino overseers in other state governments.
Crosby, who served as secretary of administration and finance under former governors Paul Cellucci and Jane Swift, said "if things go like clockwork, which they will not," the first licenses would be granted in the fall of 2013. More likely, the state could award the license for the one slots facility called for in the law in 2014, followed by those for resort-style casinos – up to three of which are guaranteed by the law.
"If it takes a little longer, we will take the time to do this job right," said Crosby, the keynote speaker for the Worcester Regional Chamber of Commerce's quarterly Breakfast Club session, held at Mechanics Hall.
The commission is in the first phase of a five-phase job and has received only three applications to date for licenses, although he expects more will follow. He cited that there is only one applicant for a license in the Eastern zone (which includes Worcester and Middlesex counties), from the owners of the Suffolk Downs race track in East Boston, and one from MGM Resorts International, which wants to site a casino in Springfield. And the owners of the Plainridge Racecourse in Plainville have applied for the slots license.
Crosby cited the economic impact and creation of jobs that the state is aiming for, specifically 8,000 to 10,000 constructions jobs to build the facilities, another 8,000 to 10,000 permanent jobs, and an annual revenue take for the commonwealth of $300 million to $500 million.
The primary goal for casino gambling in Massachusetts, and one emphasized by Gov. Deval Patrick, according to Crosby, is "economic development and job creation."
In addition, Crosby said the commission will also conduct an extensive study of the sociological and economic consequences of casino gambling.
"We will do a comprehensive baseline assessment, not just on compulsive gambling, not just on traffic, but on home values, job starts, utilization of public services, etc.," he said. "And we will track the consequences of gaming on those elements over many years."
Read more
Gaming Commission Visits Framingham
After Failed Casino Pitch, Foxborough Moves Forward
Briefing: The Casino Process Begins
Kraft Group And Foxborough See Mutual Interests In New Expansion
Editorial: State Must Guard Against Growing Casino Market
Betting Blind On Casinos In Massachusetts
Council Addresses Report Of Gaming Interest In Worcester Site
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments