Gambling

State take from MGM $6.7m in September

State take from MGM $6.7m in September

MA collection from Plainridge was slightly more at $7m

STATE HOUSE NEWS SERVICE THE FIRST FULL MONTH of gambling at a full-scale casino yielded more than $6.7 million in tax revenue for Massachusetts and almost $27 million in gross revenue for MGM Springfield, the Gaming Commission said Monday. Players wagered $190 million on MGM Springfield’s slot machines in September and, while 90.45 percent of(...)

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Gaming commission chair resigns, denies charges of bias

Gaming commission chair resigns, denies charges of bias

Crosby says remaining would 'hamper' work of gambling panel

STATE HOUSE NEWS SERVICE STEPHEN CROSBY, who served as chairman of the Massachusetts Gaming Commission since its inception and has overseen the implementation of casino gaming in the Bay State, resigned from the commission Wednesday afternoon, effective immediately. Crosby’s departure comes as the Gaming Commission prepares to make public the findings of its investigation into(...)

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Suffolk Downs files $3b suit against Wynn Resorts

Suffolk Downs files $3b suit against Wynn Resorts

Court action comes in midst of casino license suitability review

THE FORMER OWNER of Suffolk Downs filed a lawsuit against Wynn Resorts in federal court on Monday alleging numerous violations of racketeering laws and seeking a total of $3 billion in damages. The lawsuit was filed as the Massachusetts Gaming Commission is preparing to decide whether Wynn is suitable to retain its casino license in(...)

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MGM, preparing to open, has feisty words for CT rivals

MGM, preparing to open, has feisty words for CT rivals

Baker hails new casino as ‘incredibly Springfield-centric’

LET THE CASINO wars begin. The MGM Springfield casino is about to open, and at a press conference on Thursday several officials made clear that the battle is on with Foxwoods and Mohegan Sun in Connecticut. Jim Murren, the CEO of MGM, who went to college in Hartford in the early 1980s, said he used(...)

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Kim Sinatra leaving Wynn Resorts

Kim Sinatra leaving Wynn Resorts

Was allegedly aware of settlement with manicurist

WYNN RESORTS IS PARTING WAYS with a top executive who apparently had been aware of a $7.5 million private legal settlement Steve Wynn had negotiated with a former employee to settle allegations of sexual misconduct. In a short, two-sentence filing with the Securities and Exchange Commission on Thursday, Wynn said Kim Sinatra would step down(...)

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Let’s do a sports book

Let’s do a sports book

It makes no sense to continue banning it in Mass.

MASSACHUSETTS IS FACED with some big decisions in the wake of the US Supreme Court’s decision last month to scrap the federal law that prohibits states other than Nevada and (in limited form) Montana, Delaware, and Oregon from allowing sports betting within their borders. In the Murphy case, the Supreme Court did not affirmatively legalize sports betting; rather, it simply held that Congress(...)

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Wynn accused of reneging on $19m deal

Wynn accused of reneging on $19m deal

Casino developer calls handshake arrangement implausible

THE DRAMA SURROUNDING the Wynn Resorts casino took another odd turn when one of the former owners of the Everett property on which the facility is being built alleged that Wynn reneged on a handshake deal to pay him nearly $19 million in return for essentially accepting a lower sales price. Anthony Gattineri, one of(...)

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Casino notes: MGM seeks later ‘last call’

Casino notes: MGM seeks later ‘last call’

Three $1 million ferry boats ordered for Everett casino

THE MASSACHUSETTS GAMING COMMISSION is treading cautiously with a request from MGM Resorts to serve alcohol until 4 a.m. on the gambling floor of its soon-to-open Springfield casino. MGM is attempting to take advantage of a change in state law approved last year that allows casinos, subject to the approval of the Gaming Commission, to(...)

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All bets are on

All bets are on

Legalized sports betting may be on its way to Massachusetts

Way back in 2005, when casino gambling in Massachusetts was still just a twinkle in Bob DeLeo’s eye, Gary Loveman, the Harvard Business School prof-turned-casino-pitchman regaled the region’s business bigs at a downtown luncheon of the Boston College Chief Executives’ Club. Loveman, then the chief executive of Harrah’s Entertainment, talked with the unbridled confidence of(...)

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