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Massachusetts regulated casino to start a gambling race

Tim Cahill, the Massachusetts State Treasurer, outlined a proposal today for a state regulated casino to be operational before the Mashpee Wampanoags' does.

Massachusetts regulated casino to start a gambling raceAccording 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.


Related news:

 Another casino could open in New Bedford
 Wampanoag's casino likely in New Bedford



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