![]() Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Related Links
|
Gaming News
Tribe reassess scale of Massachusetts casino10 March 2009MASHPEE, Massachusetts -- As reported by the Cape Cod Times: "The newly elected Mashpee Wampanoag leaders plan to commission a study to determine if the tribe should scale back plans for a casino in Middleboro. "From the outset, the Middleboro project was billed as a $1 billion resort that would rival Mohegan Sun in Connecticut, but chairman Cedric Cromwell and vice chairman Aaron Tobey said they need to know if the location can generate enough revenue to continue on that scale. "In 2008, the tribe unveiled plans for a 600,000-square-foot casino building on two levels with 4,000 slot machines and 200 table games. The proposal included a 1,000-room hotel, restaurants, shops and an entertainment venue. "'The economy has changed since then,' Tobey said. "Mohegan Sun and neighboring Foxwoods have both reported drops in gaming revenue in the past year and Twin River, a racino in Rhode Island owned by the same investors working with the Mashpee tribe, is teetering on the brink of bankruptcy and a state takeover..." |