Firms pony up $400,000 Mass. casino license fee

Seven companies hoping to build casinos in Massachusetts have plunked down $400,000 each in nonrefundable application fees ahead of a key deadline.

A 2011 law signed by Gov. Deval Patrick allows up to three casinos in Massachusetts.

Among those jumping into the casino race is Las Vegas developer Steve Wynn who has eyed a site in Everett.

Others who have paid the fee and submitted applications include: MGM Springfield; Penn National Gaming, Inc.; Plainridge Racecourse; Hard Rock; and Mohegan Sun.

Sterling Suffolk Racecourse, which operates Suffolk Downs, has also paid the 400,000 fee and submitted an application late Monday.

The application deadline is Tuesday at 5 p.m.

The Mashpee Wampanoag tribe is hoping to build in southeastern Massachusetts. The casino law gave first crack in the region to a federally-recognized tribe.

 

Article source: http://www2.turnto10.com/news/2013/jan/14/firms-pony-400000-mass-casino-license-fee-ar-1312645/

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