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Report predicts $1.5 billion for Massachusetts20 August 2007MASSACHUSETTS -- As reported by the Worcester Business Journal: "A new study by the Center for Policy Analysis at the University of Massachusetts, Dartmouth, estimates that the state could see more than $1.5 billion in new revenue if casinos were allowed at locations in the western and southeastern parts of the state and at Suffolk Downs in Boston. "The three hypothetical commercial resort casinos could generate upwards of $500 million apiece in gross revenue, providing the state with $400 million in new gaming-related tax revenue within the first year of operation, the study found. "...In addition to gaming income, the state could also realize large tax-related income from the accompanying hotels and restaurants the casinos would construct as well, in addition to providing roughly 10,000 casino jobs and another 10,000 construction jobs, the study concluded..." |