Published on March 19, 2014 by April Gardner
Mohegan Sun and Wynn Resorts has been within the gaming business for a very long time. The 2 companies remember that crossing hurdles in an try to bring new casinos to a space where casinos didn't exist is common, it doesn't matter what state they're in.
In Massachusetts, Wynn and Mohegan Sun are offering up rival bids to bring casinos to the state, and both are facing situations that would potentially damage their probabilities of developing casinos.
Mohegan Sun is within the toughest position, because the Massachusetts Historic Commission has sent a letter in opposition of Suffolk Downs' proposal to demolish a suite of stables and barns on one side of the ability. Suffolk Downs has proposed rebuilding the stables at the other side of the track, however the commission believes moving the stable can be detrimental to the historic nature of the track.
The trouble for Mohegan Sun is available in with the concept that this can be a lengthy battle, and one that, in step with analysts, could put all the casino project in jeopardy.
For Wynn Resorts, their challenge is a little more cut and dry. A contaminated industrial site is stalling the bidding process for Wynn. Authorities believe this too, could take a very long time to correct, which might leave both Mohegan Sun and Wynn in costly court battles over their casino development.
State officials are looking into solutions for Suffolk Downs that will preserve the historic nature of the track, while also giving Mohegan Sun the mandatory lead-way to finish the project.
Massachusetts lawmakers approved casino gambling last year after a several-year debate in regards to the issue in Legislature. The state is predicted to compete with New Jersey, Maryland, and Pennsylvania for gambling supremacy once the casinos are competed.
Read More... [Source: Gambling News]
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