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Suffolk Downs Boston Casino Vote Could Be Picture Finish

Suffolk Downs Boston Casino Vote Could Be Picture Finish

This throat and neck finish at Suffolk Downs Boston-area racetrack is symbolic of how their casino vote is unfolding. (Image supply: Boston Globe)

In the town of Boston, there’s just one issue keeping city residents up at night these days: can the Red Sox win their third World Series title in 10 years? But while David Ortiz plus the rest of the Sox are busy fighting the St. Louis Cardinals for baseball bragging liberties, there’s another battle brewing under the surface plus it could possibly be just as contentious as the obstruction ruling that ended Game 3.

Bugles Playing ‘First Call’

Both supporters and opponents associated with the plan to create a casino in East Boston are ramping up their efforts to obtain down the vote in the final times before the November 5th election, as both sides are anticipating a close race that could drop to voter turnout. The casino, which will be placed at Suffolk Downs, is a hotly debated issue in churches, on street corners, and even among prospects for mayor.

Anti-casino forces feel just like they’re seeing some potential for the change by means of the vote though that may be either good or negative. The exit of Caesars Entertainment being a partner for Suffolk Downs in the casino bid recently has thrown the race into chaos, they want to support the plan as it has confused voters over whether or not.

That confusion has shown up in the polling of a company referred to as close Fr Continue reading Suffolk Downs Boston Casino Vote Could Be Picture Finish

MassGaming to Consider Sole Region C Casino Proposal

MassGaming to Consider Sole Region C Casino Proposal

The Massachusetts Gaming Commission discussed several important problems at a meeting held at boston’s john b. hynes veterans memorial convention center thursday.

Hawaii gambling regulator gave the nod to MGM Resorts Overseas’s request to postpone the opening of its $800-million casino resort in Springfield to 2018 september. The explanation for this is actually the reconstruction of this Interstate 91 viaduct, which is expected to be finished by August 2018.

Commissioners haven’t been specially interested in the wait due to the fact state would be to lose about $10 million in tax income for every single the casino does not operate month. Nonetheless, they admitted that it would not be advantageous to the business, if MGM starts its resort at the same time when key I-91 lanes are closed down as this would influence visitors’ first impressions in a way that is negative.

Another matter that was discussed through the meeting was Brockton and its application for a $650-million casino resort in Southeastern Massachusetts, or Region C as it is officially referred to thursday. In fact, the town has remained the single contender for a casino permit in your community, after New York developer KG Urban dropped its bid for a gambling venue in New Bedford.

The Brockton proposal is backed and funded by Mass Gaming and Entertainment, affiliate of Chicago-based gaming company Rush Street Gaming. In their first formal stateme Continue reading MassGaming to Consider Sole Region C Casino Proposal

Hit With Crisis After Crisis, Caesars Struggles to Keep a level Keel

Hit With Crisis After Crisis, Caesars Struggles to Keep a level Keel

Caesars Entertainment is lacking a week that is good being hit with numerous crises; any resemblance of Nero here to business CEO Gary Loveman is purely coincidental.

Then Caesars Entertainment Corp. is doing just fantastically well if the old adage that bad publicity is better than no publicity holds true. By some other measures, however: perhaps not so much.

As if being forced for PR reasons to cut ties with its Las Vegas Strip hotel that is new casino project partner Gansevoort and bailing from a $1 billion Boston-area casino project with racetrack Suffolk Downs weren’t enough, the casino giant is currently reportedly the main topic of federal inquiry into potential violations of the financial institution Secrecy Act at Caesars Palace, their flagship Las Vegas home. Then add a bizarre and random shooting outside of Drai’s at Caesars-owned Bally’s in vegas, a tragedy that left one patron dead who had been trying to tackle the gunman, also two security guards wounded. Last but not least, a baby that is newborn body reportedly found behind Planet Hollywood on the Strip in the same week might are making it seem like the Apocalypse had landed in Caesars’ yard in front of schedule.

Problem After Problem for Caesars

Of course, the company’s industry-high $23.5 billion long-term debtload is not even news anymore; it’s just become a huge yoke that Caesars now carries around wherever it goes these days. The Continue reading Hit With Crisis After Crisis, Caesars Struggles to Keep a level Keel