Plainridge Park Casino is ‘long term play,’ gaming commissioner says
Plainridge Park Casino, which state officials vowed would be a “major player in the New England casino industry,” has faced falling revenues since opening in late June. In November, the casino pulled in $11.9 million, down by about $1 million from October and by about $6 million since July, the casino’s first full month of operation.
“It will be many years before we will be able to truly assess the economic outcomes of the Commonwealth’s decision to authorize expanded gaming,” Crosby wrote.
Crosby’s post, uploaded Sunday to the gaming commission’s website, also stressed other benefits of the Plainridge casino, including $30 million in state tax revenue, and the creation of 500 jobs. By 2018, he wrote, “Massachusetts will have seen an investment of at least $3.4 billion in its casino industry — Plainridge accounts for $250 million of that investment.”
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