Massachusetts lawmakers unveil new gaming bill
Developers would have to make deep investments to qualify for the licenses. Applicants for resort casino licenses would be required to make a capital investment of at least us$ 500 million and pay a licensing fee of at least us$ 85 million. For a slot license, developers would have to put in at least us$ 125 million into the race track, while paying a licensing fee of at least us$ 25 million.
The bill also sets aside one of the casino contracts for a federally recognized Indian tribe.
This latest proposal comes after closed doors negotiations between legislative leaders and Governor Deval Patrick to reach a deal. A similar proposal to license three casinos collapsed last year over the issue of whether to allow slot machines at race tracks.
Senate President Therese Murray and House Speaker Robert DeLeo issued a statement saying they support the bill, which is expected to be debated after Labor Day.
State Representative Joseph Wagner, chairman of the legislative committee on Economic Development and Emerging Technologies, said much needed revenues from the casinos will go to local aid and public higher education.
Louisiana lawmakers move forward with illegal gambling penalties and sweepstakes restrictions
Putin approves creation of Russia's sixth gambling zone in the Altai region
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Sportsbook integration: Deploying betting widgets at scale
Flows secures Pennsylvania Gaming Control Board authorisation
Racing and Sports partners with Altenar to enhance global racing offering
Wazdan shortlisted in five categories at SBC Awards Americas 2026
