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Mohegan Sun CEO pushes resort casino in Massachusetts

17 March 2009

BOSTON, Massachusetts -- As reported by the Boston Herald: "Mohegan Sun's top executive has given a thumbs-down to a plan by the state treasurer for a slots-only gambling hall in Palmer.

"'We want to build a resort-style casino in western Massachusetts because we believe the overall economics of the commonwealth are enhanced by a full facility rather than a slot parlor," said Mitchell Etess, CEO of Mohegan Sun.

Earlier this month, state Treasurer Timothy Cahill unveiled a proposal for Rhode Island-style slot-machine parlors in the Bay State. He estimated that Massachusetts could generate up to $3 billion in upfront licensing fees and as much as $250 million annually if 9,000 machines were allowed. Casinos with only slot machines could be built faster and more economically than full-scale casinos, Cahill argued, putting cash into the state coffers sooner.

Mohegan has secured a lease on a 152-acre site in Palmer, off Exit 8 of the Massachusetts Turnpike. It has proceeded with a casino plan even without much movement on Beacon Hill toward legalizing casino gambling..."

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