Rolling the Dice

Rolling the Dice

Coverage of casino licensing and the gambling referendum

Wynn casino price tag goes up $300m

Wynn casino price tag goes up $300m

SEC filing says cost estimate approximately $2.4b

WYNN RESORTS DISCLOSED on Friday that the estimated cost of building its Everett casino has risen to approximately $2.4 billion, a $300 million increase from estimates as recently as August. “The total project budget, including gaming license fees, construction costs, capitalized interest, pre-opening expenses and land costs, is estimated to be approximately $2.4 billion,” Wynn(...)

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Slots parlor not hurting lottery sales

Slots parlor not hurting lottery sales

Report suggests scratch tickets and slot machines can coexist

A STUDY COMMISSIONED by the Massachusetts Gaming Commission suggests the opening of the Plainridge Park Casino in Plainville in June 2015 did not cannibalize lottery sales in the surrounding area. The study, by Mark Nichols, a professor of economics at the University of Nevada at Reno, examines only one year of operation at the state’s(...)

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Plainridge says it’s doing very well

Plainridge says it’s doing very well

GM: Revenue highest in nation on per-machine basis

STATE HOUSE NEWS SERVICE ONA PER-MACHINE BASIS, the slots parlor at Plainridge Park in Plainville has the highest revenue of any similar gaming facility in the country, the parlor’s general manager told the Gaming Commission on Tuesday. Plainridge Park General Manager Lance George said the slots parlor averaged a “win per unit” — the average(...)

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Audit: Plainridge Casino falls short in hiring goals

Audit: Plainridge Casino falls short in hiring goals

Report says gaming commission at fault for not monitoring agreement

A NEW AUDIT says the Massachusetts Gaming Commission dropped the ball in its mandate to ensure that Plainridge Park Casino met its agreed-upon local hiring goals and that the state’s only slots parlor failed to garnish winnings of patrons to pay back delinquent child support. “Allowing Plainridge to not accomplish its plan goals could result(...)

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Wynn wants to partner with locals

Wynn wants to partner with locals

Will add to Everett casino’s ‘general appeal’

LAS VEGAS CASINO DEVELOPER Steve Wynn said on Wednesday that his company is courting “local personalities” to operate food and beverage operations at the $2.1 billion hotel/casino complex under construction in Everett. Speaking to analysts after releasing the company’s third-quarter earnings report, Wynn revealed that his company will partner with locals, which is not a(...)

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MA, CT, and RI to negotiate wind, solar deals

MA, CT, and RI to negotiate wind, solar deals

Unusual three-state bid process yields 7 projects

MASSACHUSETTS, CONNECTICUT, AND RHODE ISLAND announced on Tuesday that they intend to negotiate seven power purchase contracts with wind and solar developers selected through an unusual three-state bidding process. The so-called three-state RFP is an attempt by the three states to pool their buying power in the pursuit of clean energy needed to meet emission(...)

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Feds: Reconsider Mashpee Wampanoag ruling

Feds: Reconsider Mashpee Wampanoag ruling

Tribe applauds Justice Department for challenging court decision

STATE HOUSE NEWS SERVICE THE OBAMA ADMINISTRATION on Wednesday sought reconsideration of a federal court ruling that would strip the Mashpee Wampanoag of its tribal land in southeastern Massachusetts, according to the tribe, reigniting hope for the future of the tribe’s planned casino in Taunton. Mashpee Wampanoag Tribal Council Chairman Cedric Cromwell cheered the move(...)

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Curtatone making up with Wynn

Curtatone making up with Wynn

Signs agreement promising to be good neighbor

SOMERVILLE MAYOR JOSEPH CURTATONE is making up with Wynn Resorts. The mayor, who delayed by several months the construction of the Wynn Resorts hotel and casino in Everett by challenging a state environmental permit for the project, said on Monday that he would not pursue the matter further in court and announced an agreement with(...)

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Wynn project shifts into gear

Wynn project shifts into gear

Largest private construction project in state history

WYNN RESORTS led everyone to believe it put construction of its $2.1 billion Everett casino and hotel on hold when Somerville challenged a key environmental permit, but the worksite on Thursday was humming with activity. Wynn officials called Thursday’s event a construction start, but it looked as if the true start happened some time ago.(...)

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