Mashpee Wampanoag Tribe to Commence Construction of Taunton Casino in 2016
Tribal leaders revealed on Saturday that the Mashpee Wampanoag tribe will commence construction work with its planned $500-million casino in Taunton into the springtime of 2016.
The tribe, which is one of two federally recognized tribes in Massachusetts, is to build its venue on commercial land within the eastern part of the town. Apart from a gambling floor, it might additionally feature two hotels and amount of destinations including a water park. The Mashpee Wampanoags’ plan happens to be supported by Malaysian casino resort investor Arkana Ltd., that has long been tied with giant Genting Group.
The latter is to contribute 17% of its gaming revenue to the state once the gambling venue opens doors under a 2013 compact between Massachusetts and the tribe. Tribal leaders said they intend to adhere to the regards to the agreement. However, it’s still uncertain whether or not the continuing state would go on it under consideration.
The Massachusetts Gaming Commission happens to be considering Mass Gaming & Entertainment’s proposition to build a $650-million casino on the Brockton Fairgrounds, the lone bidder for the last casino license the regulator is to give.
The Friday statement that the Bureau of Indian Affairs has decided to simply take significantly more than 300 acres of land in Mashpee and Taunton into trust, thus securing the tribe with sovereign authority over that land, had been gotten with blended reactions. (more…)
MGM Resorts Calls Connecticut’s Brand New Casino Act Unconstitutional
Gambling operator MGM Resorts stated in a statement that the lightweight between Connecticut’s two federally recognized tribes the Mohegan while the Mashantucket Pequot to establish a tribal casino within the state’s edges as well as on non-tribal land ended up being the item of an unfair and illegal gambling act.
This past year, MGM Resorts was given the green light to build one of the three fully-fledged casinos in Massachusetts. The $800-million MGM Springfield will far be located not from the state’s edge with Connecticut. The above-mentioned tribes have actually formerly indicated which they want to open their joint location somewhere near the border in order to blunt competition originating from neighboring Massachusetts. The two casinos will be direct competitors and will have to fight for gambling customers in other words.
Proponents regarding the joint venture that is tribal said that the task would assist Connecticut protect income and jobs. Nevertheless, Alan Feldman, Executive Vice President of MGM Resorts, stated that the Mohegans and the Mashantucket Pequots’ plan and also the known fact that it was given the nod by state legislators could be considered breach of federal laws and regulations.
The other day, it was established that the 2 federally recognized tribes will be the only ones which will be allowed to open a casino that is new Connecticut. Previously this MGM Resorts hinted that it had been interested in running a gambling venue in the state year. (more…)