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 the 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 gaming permit to Wynn Resorts over Mohegan Sun. Mohegan Sun, which wished to build a $526 million casino on land owned by the Suffolk Downs Racetrack in Revere, lost the license battle last month following a protracted bidding process which cost both sides huge amount of money, and also at times descended into tit for tat recriminations.

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

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

In fact, the requirement to protect Suffolk Downs was one of the primary motivations for the establishment of the 2011 Gambling Act, which expanded casino gaming within the state and created the Massachusetts casino that is east license. The choice to go with Wynn Resorts has hammered the final nail into the thoroughbred horse Read more