Massachusetts regulated casino to start a
Tim Cahill, the Massachusetts State Treasurer,
outlined a proposal today for a state regulated casino to be
operational before the Mashpee Wampanoags' does.
to the Treasurer, a casino regulated by a state gaming board and
built before the Indian tribe does open their casino, would
ensure a stream of tax revenue to the state which would amount
to much more than the State Lottery brings now ( about $900
million). Cahill claims that an Indian casino would not only
drain money away from the state lottery, but at the same time
will bring limited amount of aid to the state.
New England has one of the highest gambling
spending per capita, and according to Treasurer Cahill the state
should take advantage of it. The Mashpee Wampanoags received
their tribal recognition this week and plan on opening their
first casino in Massachusetts by the year 2010. Tim Cahill
claims that a commercial casino could open long before that
date, and beat the Indian tribe to the casino revenues.