Foxwoods-backed casino shot down by Milford voters
BLOOMBERG FILE PHOTO/DOUGLAS HEALEY
VOTERS IN MILFORD, MASS., have rejected the plan to build a casino the town put forward by Foxwoods (shown above) affiliate Crossroads Massachusetts LLC, narrowing the field of casino developers competing for the sole gaming license allotted for the Boston area.
MILFORD, Mass. – Town residents on Tuesday voted to reject Foxwoods affiliate Crossroads Massachusetts LLC’s proposal to build a $1 billion resort casino off Interstate 495, ending Foxwoods’ bid for the sole Boston-area gaming license, the Associated Press reported Wednesday.
According to an unofficial tally from the town clerk’s office, nearly two-thirds of voters rejected the Foxwoods plan, which had been granted provisional approval from the Massachusetts Gaming Commission on Friday.
The unofficial tally put the vote totals at 6,361 against the casino and 3,480 for it. Opponents cited concerns of traffic jams, increased crime and reduced property values among the reasons to vote against the casino, which supporters had said would bring jobs and more than $30 million in revenue to the town of 27,000 residents.
In June, voters in Everett, Mass., overwhelmingly approved the Wynn Resorts plan to build a casino along the Mystic River.
Meanwhile, the Mohegan Tribal Gaming Authority has called for a recount of the Election Day vote to reject its casino-development project in Palmer, which was quashed by a margin of fewer than 100 votes. Even if the recount is resolved in Mohegan’s favor, the developer may still have to compete with MGM – whose plans for a casino in Springfield received voter approval – for the sole casino license allocated for western Massachusetts.
Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.