Mass. Racino Bill Clears Senate

Published: October 18, 2011 02:45 pm EDT

According to a report, the Massachusetts Senate has voted in favour of a bill that will authorize three casinos and one racino to be licensed in the state

.

The article states that the racino license would come at a cost of $25 million, while bidders for the three casino licenses are going to have to pony up $85 million each.

Also, the success casino applicants would then have to spend a minimum of $500 million on their respective casino complexes.

Massachusetts Governor Deval Patrick is expected to receive the bill soon.

(With files from gamingtoday.com)

Tags
Have something to say about this? Log in or create an account to post a comment.