An artist’s rendering of the Mashpee Wampanoag tribe’s proposed $500 million casino in Taunton. The tribe hopes to secure the state’s sole casino license for the Southeast Region. (Photo courtesy of the Mashpee Wampanoag tribe)
BOSTON (AP) — Developers of a proposed casino for the Brockton fairgrounds say their $677 million plan will draw 4 million visitors annually and generate more than $2 billion in revenues through its first five years of operation.
Mass Gaming and Entertainment is set to present detailed resort plans to gambling regulators on Thursday. The company already submitted a more than 200-page application to the state Gaming Commission.
It’s the lone applicant for Massachusetts’ third and final resort casino license, which is reserved for the southeastern region. But winning the license is no sure bet: Regulators have reserved the right not to issue the license at all because of concerns the region might become oversaturated.
The Mashpee Wampanoag Tribe is planning to build a casino resort in nearby Taunton and recently won approval of its land into trust application, which was one of the last hurdles they faced before moving ahead with their project.
The proposed Brockton casino would also have to compete with a casino that opened earlier this year in Planville.
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