From: Bill Kearney
Do you think Ameristar pulled out because I made them aware of the provision that is in the Massachusetts gaming law that makes all casino operators mail their patrons who are enrolled in their reward card programs casino monthly statements. Those card holders account for 85 to 90% of a casinos patron base. Who knows how many casino patrons will curb their casino gambling spending and even quit casino gambling when being made aware month after month of their wins and mostly losses. Hopefully the other casino operators who I've made aware of this provision will do the same.
Ameristar pulls out of Springfield casino race
By Dave WedgeFriday, November 30, 2012
The crowded field of competitors for a western Massachusetts casino has gotten a bit smaller as Ameristar has pulled out of its plans for a nearly $1 billion gaming palace in Springfield, officials said.
Ameristar was planning a 500-room hotel, spa and casino with thousands of slots and gaming tables just off Intersate 91, but scrapped the plans today because the company was not confident it could win city approval, officials said.
Springfield officials had been considering casino plans from Ameristar, MGM International and Penn National and will pick one or more proposals to send to the state for consideration for the sole western Massachusetts gaming license. Springfield Mayor Domenic Sarno lamented the loss of one of the competitors but was confident Springfield will still land a world-class gaming resort.
“Obviously the city is very disappointed in Ameristar’s decision to withdraw from the competition,” Sarno said in a statement. “Ameristar made a strong proposal for an exciting project that would have given our voters a clear choice as to the type of location that would best serve the city.”
“Nonetheless, I am confident that the proposals of MGM and Penn Gaming will create a robust competition,” he added.
The news comes as Holyoke has re-emerged as a potential gaming site. The city’s mayor, Alex Morse, recently did an about-face on gaming and said he’s in talks with Iron Horse Entertainment for a possible casino at the former Mountain Park amusement park.
Paper City Development, which had been working on a proposal for Springfield with Hard Rock International, is also interested in negotiating a deal for a casino in Holyoke, in light of Morse’s flip-flop. Paper City officials today paid a $25,000 fee to Holyoke to cover costs related to the city’s consulting expenses, a company official said. Mohegan Sun is also proposing a casino in nearby Palmer.
In another development closer to Boston, Las Vegas gambling tycoon Steve Wynn, who is mulling a casino for Everett, has asked state gaming officials for a meeting to discuss the application process, according to Massachusetts Gaming Commission spokeswoman Elaine Driscoll.
Wynn’s proposal for a site off Route 99 along the Mystic River would compete with a proposed $1 billion gaming mecca at Suffolk Downs. Suffolk Downs has already paid the state a non-refundable $400,000 preliminary application fee.
http://www.bostonherald.com/news/regional/view.bg?articleid=1061178535&pos=breaking
Ameristar was planning a 500-room hotel, spa and casino with thousands of slots and gaming tables just off Intersate 91, but scrapped the plans today because the company was not confident it could win city approval, officials said.
Springfield officials had been considering casino plans from Ameristar, MGM International and Penn National and will pick one or more proposals to send to the state for consideration for the sole western Massachusetts gaming license. Springfield Mayor Domenic Sarno lamented the loss of one of the competitors but was confident Springfield will still land a world-class gaming resort.
“Obviously the city is very disappointed in Ameristar’s decision to withdraw from the competition,” Sarno said in a statement. “Ameristar made a strong proposal for an exciting project that would have given our voters a clear choice as to the type of location that would best serve the city.”
“Nonetheless, I am confident that the proposals of MGM and Penn Gaming will create a robust competition,” he added.
The news comes as Holyoke has re-emerged as a potential gaming site. The city’s mayor, Alex Morse, recently did an about-face on gaming and said he’s in talks with Iron Horse Entertainment for a possible casino at the former Mountain Park amusement park.
Paper City Development, which had been working on a proposal for Springfield with Hard Rock International, is also interested in negotiating a deal for a casino in Holyoke, in light of Morse’s flip-flop. Paper City officials today paid a $25,000 fee to Holyoke to cover costs related to the city’s consulting expenses, a company official said. Mohegan Sun is also proposing a casino in nearby Palmer.
In another development closer to Boston, Las Vegas gambling tycoon Steve Wynn, who is mulling a casino for Everett, has asked state gaming officials for a meeting to discuss the application process, according to Massachusetts Gaming Commission spokeswoman Elaine Driscoll.
Wynn’s proposal for a site off Route 99 along the Mystic River would compete with a proposed $1 billion gaming mecca at Suffolk Downs. Suffolk Downs has already paid the state a non-refundable $400,000 preliminary application fee.
http://www.bostonherald.com/news/regional/view.bg?articleid=1061178535&pos=breaking
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