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    Revere to Sue Massachusetts Gaming Commission Over Everett License

    Revere to Sue Massachusetts Gaming Commission Over Everett License

    Suffolk Downs Racetrack will be forced to close following unsuccessful Revere casino bid.

    The City of Revere near Boston will sue the Massachusetts Gaming Commission over its decision to award the East Massachusetts casino video gaming license to Wynn Resorts over Mohegan Sun. Mohegan Sun, which desired to create a $526 million casino on land owned by the Suffolk Downs Racetrack in Revere, lost the license battle month that is last a protracted bidding process which cost both sides vast amounts, and also at times descended into tit for tat recriminations.

    While Wynn now focuses on its vision to build a resort in Everett, just a couple of miles to the east, Revere is left to pick up the pieces and mourn the resulting closure of the historic Suffolk Downs thoroughbred racetrack.

    The horseracing industry had been hit with a 40 percent reduction in recent years and it had been believed that the proposed Mohegan Sun resort is enough to save Suffolk Downs, whose owners had pledged to continue running for at minimum another 15 years should Revere win the license.

    In reality, the requirement to safeguard Suffolk Downs was one of the primary motivations for the establishment of the 2011 Gambling Act, which expanded casino gaming into the state and created the eastern Massachusetts casino license. The choice to go with Wynn Resorts has hammered the final nail into the thoroughbred horseracing industry in the region (more…)

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