Massachusetts Gaming Commission Chairman Stephen Crosby has come to the defense of the Plainridge Casino, which opened as the state’s first casino last summer but may have been losing the competition for locals to the nearby Twin River Casino in Rhode Island.
A blog on the Commission’s website quoted Crosby as saying that it is too early to come to definitive conclusions about the racino’s performance.
“Gaming as an economic development tool is a long term play,” Crosby said. “It is clear that Plainridge has been a substantial economic plus for the town of Plainview, the region and the commonwealth.”
Crosby continued, “In the first four full months of Plainridge operation, slot machine revenues in the five casinos in Rhode Island, Connecticut and Massachusetts have increased by $ 3 7 million. All of that growth has been in the Plainridge facility. And meanwhile, Plainridge seems to have recaptured $22 million in slot revenue from its competitors.”
Phil Hevener has been writing about the Nevada gaming business for more than 30 years. Email: [email protected].