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Friday, December 27, 2013

Revere casino vote set for February 25

Sorry for you, Revere!

Revere casino vote set for February 25

Posted by Your Town December 27, 2013
Following a Revere City Council vote to set Tuesday, Feb. 25 as the date for a referendum vote, Mohegan Sun and Suffolk Downs on Friday launched a campaign to build support for its $1 billion resort casino proposal.

Voters in Revere will vote up or down on the recently announced host community agreement with Mohegan Sun, which guarantees the city between $25 million and $30 million in annual revenue, up to $33 million in pre-opening payments, about $45 million in infrastructure improvements, and new athletic fields.

After Palmer voters rejected Mohegan Sun’s plans for a resort casino in that town and East Boston voters turned down a casino at the East Boston racetrack, Mohegan Sun and Suffolk Downs teamed up on a revised casino plan on 52 acres owned by Suffolk Downs in Revere, where voters in early November had approved plans for the East Boston casino.

The Revere casino plan is competing with Steve Wynn’s Everett casino proposal for the eastern Massachusetts license.

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