NEWS
May 23, 2012
The state gambling commission may be ready to solicit development proposals from casino companies by the second quarter of 2013, as the panel pursues a two-step process to vet potential bidders before asking them for detailed proposals. Stephen Crosby, chairman of the Massachusetts Gaming Commission, cautioned that current time estimates could change. But under the timetable the commission discussed with its consultants Tuesday, the commission would spend the next several months developing regulations, with the goal of being ready by the end of the summer to invite casino companies...
NEWS
May 23, 2012 | Ken Ritter, Associated Press
It's been a long, strange trip for what appears to be several tiny chips of lunar rock that found their way into a casino mogul's hands after being collected by the first men on the moon. If they're real, they were plucked from the lunar surface by Neil Armstrong and Buzz Aldrin, given by then-President Richard Nixon to former Nicaraguan dictator Anastasio Somoza Garcia, pilfered by a Costa Rican mercenary soldier-turned Contra rebel, traded to a Baptist missionary for unknown items, then sold to a flamboyant Las Vegas casino mogul who squirreled them away in in a safety deposit box. ...
NEWS
May 22, 2012 | Mark Arsenault
The worldwide casino company run by billionaire Boston native Sheldon Adelson will bypass the chance to build a casino in Massachusetts, saying the state's plan to license up to three casinos and a slot parlor is going to dilute the market, according to a spokesman. Adelson, who had spent nearly $500,000 lobbying lawmakers on the casino bill approved last November, is known for building lavish gambling resorts, some costing several billion dollars. "With multiple facilities being proposed, it didn't synch with our business model," Ron Reese,...
A&E
May 22, 2012 | Associated Press
Casino regulators are investigating whether the 19-year-old daughter of late pop singer Whitney Houston gambled at a Las Vegas Strip resort. State Gaming Control Board Chairman Mark Lipparelli told the Las Vegas Review-Journal ( http://bit.ly/KhSuZN) that investigators are checking if Bobbi Kristina Brown played slot machines at the MGM Grand, and whether casino employees knew if she did. The legal gambling age in Nevada is 21. Underage gambling is a misdemeanor, and resort owner MGM Resorts International could face fines.
NEWS
May 18, 2012 | Travis Andersen
The Mashpee Wampanoag Tribe will pay the city of Taunton approximately $33 million in upfront costs and make minimum annual payments of roughly $13 million if it wins approval to build a $500 million resort casino there, the tribe announced Thursday. In a statement announcing the agreement with the Southeastern Massachusetts city, the tribe said the proposed casino in the Liberty and Union Industrial Park at the intersection of Routes 24 and 140 will provide 1,000 construction jobs and 2,500 permanent jobs in its first phase.
NEWS
May 18, 2012
Two weeks before Robert Kraft abandoned a plan to build a casino in Foxborough, the Kraft Group paid $1.18 million for a parcel of land adjacent to the Route 1 site where the casino would have been built. The Kraft Group's purchase of the 4.9-acre plot of land, located just across the town line in Walpole, caught local officials by surprise when it was disclosed this week. They speculated that the additional land would make the Kraft Group's holdings around Gillette Stadium more attractive for development.