Suffolk Downs Racetrack will be forced to close following a unsuccessful Revere casino bid.
The City of Revere near Boston will sue the Massachusetts Gaming Commission over its decision to award the East Massachusetts casino video gaming license to Wynn Resorts over Mohegan Sun. Mohegan Sun, which desired to develop a $526 million casino on land owned by the Suffolk Downs Racetrack in Revere, lost the license battle month that is last a protracted bidding process which cost both sides vast amounts, and also at times descended into tit for tat recriminations.
While Wynn now focuses on its vision of creating a resort in Everett, just a couple miles to the eastern, Revere is left to pick up the pieces and mourn the resulting closure of the historic Suffolk Downs thoroughbred racetrack.
The horseracing industry had been hit by a 40 percent reduction in recent years and it was believed that the proposed Mohegan Sun resort could be adequate to save Suffolk Downs, whose owners had pledged to continue operating for at least another 15 years should Revere win the permit.
In reality, the need to safeguard Suffolk Downs was among the primary motivations for the establishment of the 2011 Gambling Act, which expanded casino gaming into the state and created the Massachusetts casino that is east license. The choice to opt for Wynn Resorts has hammered the final nail into the thoroughbred horseracing industry in the reg 阅读更多
The Plainridge Park Casino is still scheduled to be opened this June.
Massachusetts casinos are going to shake up the casino that is regional, potentially drawing clients from Connecticut, nyc and other states while maintaining regional gambling dollars in the state.
And while it’ll still be some time before major casino projects in Springfield and also the Boston area are completed, the salvo that is first New England’s casino wars is still likely to be fired this summer.
According to Penn National Gaming, the Plainridge Park Casino is on schedule become opened by 24 june.
That is notable not as the task is on time, but because of the historically inclement weather suffered throughout much of New England this past winter, where many locations recorded a few of the snowiest and coldest weather in history.
Construction: On Time, Over Budget
That weather is probable to wait numerous construction projects through the area, but didn’t slow the building down of the slots parlor.
The facility will perhaps not be able to offer table games, but will have other electronic devices along with slots; two casino that is full have been authorized in the state, and a third could be licensed later this year.
However, the public report released Thursday did observe that the estimated cost of building the facility has increased on the last few months.
The price label is $25 million more than formerly thought, now rising to $250 millio 阅读更多
Mayweather-Pacquiao was the draw that is biggest for a busy day in activities wagering.
Recreations bettors rarely have days similar to this past Saturday.
Not only was the long-awaited fight between Floyd Mayweather Jr. and Manny Pacquiao held, attracting an unprecedented number of wagers for a boxing match, but that battle came at the end of a very busy day in the sports world.
That made it a day to remember for fans, bettors, and perhaps the majority of all, sportsbooks.
All long, there were events to be bet on day. There is playoff hockey early on, as the Capitals to even up their series at one game each.
Later later in the day, there was the thrilling game seven encounter involving the San Antonio Spurs and also the Los Angeles Clippers; a big performance by Chris Paul delivered the Clippers to the second round.
And there was clearly an abundance of baseball all long, including a clash between the Yankees and the Red Sox, a matchup that always generates plenty of attention day.
Kentucky Derby Won by American Pharoah
But there have been two big events that basically drove the action that is betting Saturday. First, there was the Kentucky Derby, the initial of the Triple that is annual Crown races.
The battle was won by favorite United states Pharoah, who finished a length ahead of Firing Line while second choice Dortmund came in third.
Since the three horses that finished in the money were the three top f 阅读更多
Ray Bitar was forced to surrender $40 million after pleading guilty to charges related to his time as CEO at Full Tilt, but avoided a harsh prison sentence.
Poker pro Allen Cunningham says that former Comprehensive Tilt CEO Ray Bitar is struggling with health issues and hasn’t been living the life that is high all since his sentencing a year ago, despite what some poker fans may think. Those comments arrived into the middle of a TwoPlusTwo.com forums thread discussing the important points of the assets that Bitar was forced to forfeit as an element of his punishment for crimes associated with his time as mind of the infamous poker site.
‘According to my sources Ray Bitar is unlikely to live no more than a couple years and is nearly penniless,’ Cunningham penned in an answer the ‘conspiracy theorists’ whom suggested that Bitar faked his heart disease to get a more lenient deal year that is last. ‘He didn’t get away with anything. That should be worth more than a random nvger’s gossip as I had been member of group full tilt.’ [sic]
Guilty of Full Tilt Charges
Bitar had been sentenced April that is last to served after pleading guilty to fees of illegal Internet gambling and conspiracy to commit bank fraud and wire fraud. That phrase additionally included the forfeiture of $40 million in assets that were derived from his just work at Full Tilt. At that time, Judge Loretta A. Preska noted th 阅读更多
Republican Senate President Pro Tem Del Marsh: ”Hundreds of Alabama dollars are going to Mississippi, Florida, Tennessee and Georgia to play in their lotteries, their gambling enterprises,’ he says.
Gambling reforms are underway in Alabama because of the efforts of Republican Senate President Pro Tem Del Marsh, whose bill, SB 453, seeks to determine a state lottery along with legalize gambling at hawaii’s four tracks that are greyhound.
Del Marsh launched their legislative push just days after a study he commissioned himself concluded that gambling expansion could generate up to $400 million for the state.
The study, carried out by the Auburn University of Montgomery, also discovered that gambling expansion would create around 11,000 jobs in Alabama.
Del Marsh is promoting SB 454 as a viable alternative to the $541 million taxation hike proposed by Governor Robert Bentley.
‘ I say allow the people of Alabama vote,’ proclaimed Del March. ‘The option is obvious to me personally: would you like to raise taxes by $700 million or do require a lottery and casino gaming that will generate $400 million and create 11,000 new jobs without having to raise taxes? The individuals of Alabama should decide this relevant question for themselves, and nobody else.’
The bill would view a lottery established by the Alabama that is newly-formed Lottery, plus the creation of the Alabama Lottery and Gaming Co 阅读更多