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Massachusetts Officials Approve Casino Licenses

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(courtesy mgmspringfield.com)

(courtesy mgmspringfield.com)

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BOSTON (AP) - State gambling regulators have unanimously voted to finalize casino licenses for MGM for its $800 million Springfield casino and Wynn for its $1.6 billion Everett resort.

The gambling giants were granted operating licenses pending the outcome of the November election that included a ballot question to repeal the state’s casino law.

Wynn Resorts project manager Robert DeSalvio said the company already wired the state the $85 million licensing fee due upon the license award.

MGM Springfield President Michael Mathis said the payment from his company would come shortly.

The commission also approved one-day, thoroughbred horse racing licenses for operations at Suffolk Downs in Boston and the Brockton Fairgrounds.

The commission will discuss later awarding the state’s final resort casino license, which is reserved for southeastern Massachusetts.

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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