Meetings & Information




*****************************
****************************************************
MUST READ:
GET THE FACTS!






Tuesday, June 24, 2014

Penn National Gaming maintains false bravado.....

Let's not fall for it!

REPEAL THE CASINO DEAL!


Revel just filed for its 2ND BANKRUPTCY after receiving taxpayer subsidies.








Penn National Gaming says despite disappointment in SJC decision, company remains confident casino law will stand

By State House News Servicemasslive.com
on June 24, 2014

Penn National Gaming, which was awarded a license in February to install slot machines at Plainridge Racecourse, expressed disappointment in the Supreme Judicial Court's decision Tuesday to allow a casino repeal question on the November ballot, but said it was confident that voters would preserve the law.

"While we are disappointed by today's decision, we remain confident that Massachusetts voters will want to protect the thousands of new jobs and the hundreds of millions in annual tax revenues that our new industry will generate, in addition to recapturing over $1 billion being wagered by Mass residents in neighboring states each year," Eric Schippers, senior vice president of government affairs at Penn National, said in a statement. “Our fight to protect jobs and preserve this economic development opportunity for Massachusetts begins today. Construction on the Plainridge Park Casino remains full steam ahead and we continue to anticipate a June 2015 opening.”

Penn National and MGM Resorts International are the only two companies to have been designated a licensees in Massachusetts while MGM will only get is resort casino license if the ballot question is defeated on November 4. While there has been varying reaction from a cross-spectrum of Massachusetts politics and casino stakeholders on Tuesday, MGM is yet to comment publicly.

http://www.masslive.com/politics/index.ssf/2014/06/penn_national_gaming_says_desp.html


No comments: