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Sunday, July 29, 2012

Waking Up to Bad Deals in Massachusetts

How do you negotiate a Compact, based on a non-existent federal application filled with

TO BE SUBMITTED
TO BE SUBMITTED
TO BE SUBMITTED

and leave "to be negotiated" ??


Steve Perskie, former Chairman of the corrupt New Jersey Gam[bl]ing Commission said this:


Steve Perskie from NJ Gambling Commission at May's [2012] Gambling Commission educational seminar:


"Let me make you a promise. Your legislation requires that operators put up a $500m investment. With that kind of money, you can be sure they're going to build an impressive structure with restaurants, bars, nightclubs, shops. Make no mistake: the delicatessan down the street is going to go out of business. The nightclub around the corner is going to go out of business. Nothing the Mass. Casino Commission can do is going to change that."
Steve Wynn said --


"Get it straight," he said. "I think I know how to bring people to Bridgeport, and keep them coming, but there is no reason on earth for any of you to expect for more than one second that just because there are people here, they're going to run into your store, or restaurant, or bar. "That didn't happen in Atlantic City," he said. "It should never have been promised in Atlantic City. It is illogical to expect that people who won't come to Bridgeport and go to your restaurants or your stores today will go to your restaurants and stores just because we happen to build this building here."

http://middlebororemembers.blogspot.com/search?q=bridgeport+

Is this level of incompetence STUPIDITY or CORRUPTION?

Casino deal fuels retail fears

Tax agreement worries businesses

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