MGM, other casino developers file joint lawsuit

Artist's rendering of the proposed MGM Springfield casino, including the now-abandoned plan for a 25-story glass tower on State Street. The elimination of the glass tower is part of what the city council has to vote on.
Artist's rendering of the proposed MGM Springfield casino, including the now-abandoned plan for a 25-story glass tower on State Street. The elimination of the glass tower is part of what the city council has to vote on.

SPRINGFIELD, Mass. (WWLP) – MGM and several other potential Massachusetts casino developers have filed a lawsuit in an attempt to block a proposed repeal of the state casino law off the ballot in November.

The coalition of gambling companies (MGM, Mohegan Sun, Penn National Gaming, PPE Casino Resorts and Raynham Park), which also includes Massachusetts voters who want to protect the casino law, filed the lawsuit with the Supreme Judicial Court on Monday. Wynn is the only casino developer interested in Massachusetts’ Region A, B or slots parlor license that is not involved in this lawsuit.

Casino opponents got enough signatures to have a statewide vote on the casino law this November, but the attorney general said the repeal effort is unconstitutional.

The case is currently in the hands of the state Supreme Judicial Court. They are expected to rule on this sometime in July.

If awarded licenses in May, as expected, casino developers would owe the state $85 million in June, prior to any decision. A slots parlor license is expected to be awarded in late February or early March, the winner would owe the state $25 million, 30 days after the license is handed out.

To read the lawsuit, you can click here.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s