Massachusetts Pro-Casino Referendum Takes the Day

Ah, sweet victory: Steve Wynn’s Everett, Massachusetts casino can finally move forward following a referendum vote supporting casinos passed away night that is last.
Residents of Massachusetts have selected to uphold the state’s three-year-old casino law, voting overwhelmingly in yesterday’s midterms in favor of maintaining the fledgling casino market, as the polls had predicted.
Somewhat confusingly, ‘no’ meant ‘yes’ for casinos on this ballot, as voters were asked if the statutory law should really be repealed, with 59.5 % to 40.5 percent deciding that no, it will not be repealed, meaning that yes, they desired gambling enterprises.
Some commentators have suggested that the language used in posing the question was deliberately muddled and created to confuse.
However, it’s a victory for MGM and Wynn Resorts, who have had their respective tasks provided the greenlight by regulators and who can now finally and definitely go forward with the licensing procedure, a privilege for which they will fork out $85 million a piece before a single cornerstone is set.
Not surprisingly, casino executives were jubilant and anxious to emphasize exactly what the casinos will do for their future communities.
‘Voters across the Commonwealth of Massachusetts today voiced their support of the 10,000 job that is permanent and significant financial benefits supplied by the Gaming Act of 2011,’ said pleased MGM Chairman and CEO Jim Murren. ‘MGM Reso Read more