logo

Boston Dispute Could Delay Casino Licensing Fee

Casino Lobby BOSTON (AP) — A delay in licensing the sole eastern Massachusetts resort casino could have at least a short-term impact on state finances.

Budget-writers anticipated the $85 million licensing payment before the end of the current fiscal year. But the state Gaming Commission says a dispute over Boston’s negotiating rights for proposed casinos in the neighboring cities of Everett and Revere could delay the award until August or later.

A portion of casino licensing fees goes to the state’s so-called rainy day fund, while other revenue goes to local aid, community colleges, tourism and other purposes.

The state has received a $25 million license fee for a slots parlor in Plainville and could still receive by June 30 an $85 million licensing fee for the sole western Massachusetts license.


Comments

WGGB encourages readers to share their thoughts and engage in healthy dialogue about the issues. Comments containing personal attacks, profanity, offensive language or advertising will be removed. Please use the report comment function for any posts you feel should be reviewed. Thank you.
blog comments powered by Disqus