Competition grows for Mass. slots parlor location

December 25, 2012 • Business

FILE – In this file photo made Sunday, May 6, 2012, Sen. Olympia Snowe, R-Maine, acknowledges applause following her speech at the Maine Republican Convention at the Augusta Civic Center in Augusta, Maine. The Republican’s decision to step down after 34 years in Congress and independent Angus King’s successful campaign to succeed her were named Maine’s top story in 2012 by The Associated Press. (AP Photo/Robert F. Bukaty, File)

BOSTON (AP) — Long before any glittering resort casino opens its doors in Massachusetts, patrons could be pulling handles on slot machines at a less ambitious gambling venue.

The commission appointed to oversee the state’s year-old casino law recently decided that it would award the single slots-only license allowed under the law before it approved any of the three resort casino licenses. While the difference in licensing may only amount to a few months, the difference between when the facilities open could be far greater because the more compact so-called slots parlor would be quicker and cheaper to build.

“Because the capital investment is less, the construction period would be shorter,” said Elaine Driscoll, a spokeswoman for the commission.

An optimistic forecast would have a slots parlor or what’s known as a racino — a racetrack with slot machines — operating as early as 2014, while 2017 is seen as the more likely opening date for a resort Login to read more

Related Posts

Leave a Reply

« »