State clears way for Encore expansion plans

0

State gaming regulators decided Wednesday to interpret the 2013 casino referendum in Everett to have authorized gaming on not just the current site of Encore Boston Harbor but also at least one other swath of land across the street, clearing the way for the resort-style casino’s expansion to move ahead.

Encore parent company Wynn Resorts plans to construct a new building across Broadway from its resort casino to host a dedicated poker room, a second sports betting parlor, a relocated nightclub, a theater, parking garage and more. It would be connected to the casino that opened in 2019 by a pedestrian bridge.

The question the regulators had to answer Wednesday was whether the language of the June 22, 2013 referendum that cleared the way for the casino to be located in Everett authorized casino gaming at just the location specified on the ballot or whether voters approved of a casino license generally.

Wynn at the time was looking for a green light from voters before it could secure a license.

The casino can move ahead with some version of its planned development either way, but it can only offer sports betting and poker there with the commission’s agreement that such an expansion was something the 2013 voters understood they were voting on.

The Gaming Commission ruled last March that a previous version of Wynn’s development proposal — one that did not include poker or sports betting — would not be part of the casino’s official gaming establishment and therefore would not fall under commission jurisdiction or oversight, the outcome that Encore had lobbied for.

But once sports betting was legalized in Massachusetts last summer, the casino company changed its plans and now wants its “east of Broadway” expansion to include both casino gaming (poker) and sports betting, either of which would require the facility to be considered part of the official gaming establishment and regulated by the commission.

With the decision Wednesday, the full project can now be reviewed in greater detail by the Gaming Commission and other city and state officials.

Everett told the commission that it views its 2013 referendum as sufficient to allow this expansion of the Encore casino, and said that it expects it would cost the city at least $130,000 if it had to hold a new city election to put the expansion question to voters.

A lawyer for the city, Jonathan Silverstein, said that holding a new citywide vote would be costly, could create delays for the casino expansion project, and would be disrespectful of the 2013 voters.

“Fundamentally, to my mind, it’s a question of respecting the vote of over 86%of the voters back in 2013, who I have and will continue to submit voted in favor of a project that they all anticipated and, frankly, hoped would expand over time to provide more jobs and revenue and other benefits to the city,” he said.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest  Business News Click Here 

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Leave a comment