The operators of Suffolk Downs in East Boston, Massachusetts, are still telling anyone who asks that they believe their application for a casino license will be granted by the Massachusetts Gaming Commission.
So, they were happy to hear that Mohegan Sun, the company that plans to build and operate the casino on land owned by Suffolk Downs but located in the City of Revere had successfully negotiated a deal with Revere officials.
Reportedly, the arrangement provides that Mohegan Sun, if successful with its plans for a $1 billion dollar casino entertainment project, would pay up to $33 million in pre-opening payments and would guarantee between $25 million and $30 million in annual revenue.
Citizens of Revere will go to the polls on Feb. 25 to determine whether they still favor the casino.
Ray Poirier is the longtime executive editor at GamingToday.
Contact Ray at [email protected].