Massachusetts Pro-Casino Referendum Takes the Day

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 last night.

Residents of Massachusetts have plumped for to uphold the state’s three-year-old casino law, voting overwhelmingly in yesterday’s midterms in favor of maintaining the fledgling casino market, since the polls had predicted.

Somewhat confusingly, ‘no’ meant ‘yes’ for casinos on this ballot, as voters were asked if the law ought to be repealed, with 59.5 percent to 40.5 percent deciding that no, it will not be repealed, meaning that yes, they desired casinos.

Some commentators have recommended that the language used in posing the question was deliberately muddled and created to confuse.

Nonetheless, it is a victory for MGM and Wynn Resorts, who have had their respective jobs offered the greenlight by regulators and who can now finally and definitely go forward with the licensing procedure, a privilege which is why they will fork out $85 million a bit before a single cornerstone is set.

Not surprisingly, casino executives were jubilant and anxious to emphasize what the casinos will do for their communities that are future.

‘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 Resorts Internation Read More