Tag Archives: Massachusetts
Massachusetts Lottery posts $1b profit, targets discount schemers
August 3, 2017The Massachusetts state lottery plans to keep a tighter eye on frequent winners despite posting record profits in its most recent fiscal year. The Massachusetts Lottery reported a profit of $1.035b in the 12 months ending June 30, 4.6% higher than the previous fiscal year. The sum marks the third...
Commission urges Massachusetts to hold off online poker, casino legalization … for now July 25, 2017Massachusetts should legalize daily fantasy sports but hold off on legalizing online poker and casino gambling, according to the recommendations of a special commission. On Tuesday, State House New Service reported that the Special Commission on Online Gaming, Fantasy Sports Gaming and Daily Fantasy Sports had submitted a draft report...
Mashpee Wampanoag’s Taunton casino project hits fresh snag June 29, 2017The Mashpee Wampanoag Tribe’s Massachusetts casino project has been thrown into doubt after the tribe withdrew its request for federal recognition of its land rights. On Tuesday, Mashpee Wampanoag representatives issued a statement saying the tribe was no longer seeking a Department of Interior opinion on whether land taken into...
Genting Malaysia may lose $274M on Mass. casino bet May 23, 2017Genting Malaysia BhD stands to lose US$274 million should the US Department of Interior (DOI) thumbs down the construction of its Massachusetts casino, according to a Malaysian-based financial analyst. The Star Online reported that Genting Malaysia risks writing-off its multi-million dollar investment in the First Light Resort & Casino project...
Survey: majority of Massachusetts residents cool to lottery online expansion May 17, 2017A majority of Massachusetts residents believe the state lottery should not expand over the internet, according to the results of a new survey. A survey conducted by Save Our Neighborhood Coalition claims that at least 80 percent of respondents are opposed to the plan of creating online lottery games. News...
Plainridge Park staff survey shows casino’s broad economic benefits May 10, 2017Massachusetts’ first casino’s revenue to date may be underwhelming but its impact on local employment has been a clear winner. Penn National Gaming (PNG) opened its Plainridge Park Casino in June 2015 and while the slots-only venue hasn’t exactly set the world on fire with its ability to generate revenue,...
