Gaming Companies Line Up For Massachusetts Casino Licenses
Businesses from all over Maryland are lining up for their chance at the possibility of being granted one of the available licenses that are now up for grabs since Massachusetts completed their gaming legislation. Some of the key prospects include Mohegan Sun, Penn National Gaming, and Ameristar Casinos, which all have vested interests in the US gaming industry.
Ameristar owns casinos across several states. Their largest is in Missouri but they have proposed a $900 million facility, with 500 hotel rooms, a 150,000 square foot gaming space, and several shopping and dining options.
Mohegan Sun runs a casino in Connecticut and is run by the Mohegan tribe. They have been trying to get a Massachusetts gaming license for several years. They promise to have magnificent plans if granted a license in Massachusetts. Their proposal includes a resort near the Massachusetts Turnpike. The casino would be built on a 152-acre site. The problem with this one is that they have not yet paid their application fee of $400,000 nor have they submitted their formal bid.
Penn National Gaming
Penn National Gaming has boomed in Pennsylvania with the expansion of casinos over t he past half a decade. Pennsylvania laws have extended to now include full Vegas-style casinos and this has made Penn National a bigger name in the gaming industry. Penn National has proposed a $600 million facility, with a luxury hotel and shopping space.
Massachusetts' gaming commission is expected to make their decision on the licenses sometime in early 2013. The deadline to submit a license application is January 15th.