Archive for the ‘Huuuge Casino Review’ Category

Move to Repeal Massachusetts Casino Law Gaining Some Traction

Tuesday, February 25th, 2020



A map showing the three Massachusetts regions where casino licenses can be granted theoretically. Some voters want this statutory legislation repealed now.

Nobody into the state of Massachusetts doubts that the individuals here like to gamble. However, there is apparently a certain disconnect between that fact and the results of current referendums, in which voters were rejecting gambling enterprises left and right across the state. The message seems to be that gambling enterprises are okay as long as they’ren’t located within their own backyard.

Maybe Not Near Me Personally

Even Governor Deval Patrick has said that he wouldn’t would like a casino in his hometown of Richmond, while State home Speaker Robert DeLeo says he’d vote against one in Winthrop. Mind you, both are theoretically in benefit of expanded gambling in the state just like long they live as it doesn’t land where.

But some anti-casino advocates are reading these votes in another way. They’ve said all along that gambling enterprises are harmful to communities and the continuing state as a whole, and they need to end the casino expansion before it even gets started. Not long ago, a team of selectmen from four Massachusetts towns created the MetroWest Anti-Casino Coalition, a group that became specialized in repealing the casino legislation and stopping any casinos whatsoever from being integrated their state; they now state their work has had s [more…]

Property Tax Plummet for Borgata is Sucker Punch for Atlantic City

Tuesday, February 25th, 2020



Atlantic City just got hit by another storm recently; this one, financial. (Image source: LarryRivera.com)

Bad Atlantic City.

It gets battered by hurricanes, has its profits siphoned off by ever-increasing competition from surrounding states like Pennsylvania and Maryland, and has seen a seven-year continuous drop in gaming revenues from its 12 land casinos overall. Finally, it has online casinos ready to introduce on 26th, and things are looking up from the revenue stream standpoint november.

However it gets another smack within the face from the tax man.

Tax Assessment Reversal for Borgata

Exactly What ended up to be considered a huge victory for MGM Resorts International and Boyd Gaming was not so much for the already faltering coffers of Atlantic City; the two video gaming behemoths got a 61 % lowering of property taxes on the jointly owned Borgata Hotel and Casino which also is one of the less miserable profit disasters in town and now AC has to return pre-paid income tax monies towards the two companies.

They can blame it regarding the Tax Court of New Jersey, which reassessed the top-grossing casino in the Garden State at $870 million, a huge drop from its 2010 assessment of $2.26 billion. No doubt there was champagne that is celebratory the MGM and Boyd Gaming conference rooms over that choice. But Atlantic City leaders must be putting their fists through some walls, since the thing that is last ne [more…]

White Earth Country to Release Shooting Celebrity Casino in Bagley

Tuesday, February 25th, 2020



Minnesota’s White Earth country stated in A wednesday statement that its latest shooting star casino, hotel and entertainment are going to be found in the town of bagley. Construction in the property is to begin in September and it is likely to be completed sometime next springtime.

Minneapolis-based architecture and home design company Cuningham Group was at fee of the project’s design. When finished, the casino would be to create about 40 brand new jobs for users associated with White Earth Nation and residents associated with the areas that are surrounding.

Bill Marsh, General Manager associated with Shooting Star property in Mahnomen, said into the Wednesday statement that they are extremely stoked up about their brand new place in Bagley.

The executive remarked that they have carried out a substantial research and are finding away that a big portion of the Mahnomen site visitors really originated in the Bagley area. In addition, the Northwest Minnesota area has long ago expressed curiosity about hosting a first-class gambling center.

Bagley will benefit not only through the newly created jobs but in addition from the revenue that the casino would be to donate to the city and its particular wellness, academic, and operations that are environmental. Mr. Marsh also noted that the location can also be expected to ‘improve business development’ in the area.

Based on the Wednesday release, the White [more…]