In Massachusetts, Casino Law Survival Means Cash For Municipalities
Gambling money will begin flowing into local government coffers in earnest now that the state's casino law survived an Election Day repeal effort.
In the coming weeks, MGM says it will make more than $1 million in community payments to Springfield, where it is building an $800 million resort. The company will also pay over $1.5 million to eight surrounding municipalities by Dec. 6.
Meanwhile, Wynn Resorts, which is developing a $1.6 billion casino in Everett, is slated to pay Malden $1 million on Thursday and Chelsea $300,000 on Friday. Payments of $200,000 are also due to Medford and Cambridge.
And Penn National Gaming is beginning to make $100,000 in initial payments to Plainville, where work is well underway on a $225 million slot parlor expansion at Plainridge Racecourse.