With a tally of 11 to 0 the City Council of Revere, Massachusetts voted in favor of allowing the proposed $1B resort and casino racetrack to go forward at Suffolk Downs. According to Boston.com, the council members cited millions of dollars in gambling revenues, along with new job opportunities and much needed traffic improvements as […]
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Entries by Deborah Gold-Alexander
According to a report from the Boston Globe, Boston Mayor Thomas M Menino has signed a casino deal with Suffolk Downs that will bring an estimated $32M a year in revenue, and at least 4,000 jobs. The city will receive approximately $33.4M upfront, according to the report. Although the provisions will not be quite as […]
As many New England citizens are aware, casinos are coming to Massachusetts very soon. According to a report from the Boston Globe, however, opening one is not as simple as one would think. The Globe likened the Massachusetts casino licensing sweepstakes to a “very busy craps table” with a lot of confusion thrown in. New […]
Just in time for the casino licensing sweepstakes in the state of Massachusetts, the town of Revere is reported to be ripe for an economic explosion. According to a post from The Daily Item, Revere is one of nine North Boston suburbs which the Massachusetts chief of economics has named as “poised for an economic […]
An economic boom in the areas to the north of Boston is bringing heat to the real estate market in Revere. As explained in an article from The Daily Item, Revere is just one of nine North Boston areas which are poised for an economic explosion. With the high costs of real estate in the […]