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US – Mohegan Sun wants 4,000 slots in Massachusetts

Mohegan Sun has submitted its final application to the Massachusetts Gaming Commission for the Commonwealth’s Region 1 license, proposing a destination resort casino on land owned by Suffolk Downs in Revere with a total project investment of US$1.3bn.

The 42-acre resort casino project would be developed by Mohegan Sun through a 99-year ground lease with Suffolk Downs. Construction would be completed in about 30 months upon licensing.

“Our application reflects our vision for Massachusetts while addressing the priorities established by the Gaming Commission,” said Mitchell Etess, CEO of the Mohegan Tribal Gaming Authority. “Mohegan Sun will create something very special in Revere: a wonderful gaming and entertainment destination that drives tourism and delivers thousands of jobs.”

Mohegan Sun delivered two copies of the application to the Gaming Commission contained in 15 boxes. Each copy of the application is comprised of 16,034 pages of documents.

Η Mohegan Sun Massachusetts θα διαθέτει πάνω από 170,000 τετραγωνικά πόδια επιφάνειας δαπέδου και 5,000 θέσεις παιχνιδιού, συμπεριλαμβανομένων 4,000 κουλοχέρηδων, 100 επιτραπέζιων παιχνιδιών όπως blackjack, μπακαρά, ρουλέτα και craps, και 20 τραπέζια πόκερ. Οι εγκαταστάσεις του ξενοδοχείου περιλαμβάνουν ένα κεντρικό ξενοδοχείο καζίνο και ένα boutique ξενοδοχείο που συνολικά έχουν συνολικά 500 δωμάτια και αντικατοπτρίζουν το εύρος της συνολικής εμπειρίας ψυχαγωγίας του θερέτρου.

The Shops at Mohegan Sun Massachusetts will feature world-class retail, casual and fine dining and entertainment options created by Boston-based developers New England Development and Finard Properties.

“We know the New England market better than any other gaming operator. It’s our home,” Etess said. “And we know the team we’ve assembled with New England Development and Finard will create memorable shopping, dining and entertainment experiences that will complement our gaming and hotel facilities and draw visitors to Revere and this region.”

Mohegan Sun Massachusetts will produce an estimated $1.64bn in municipal and state tax revenues in the first five years of operation, and $1bn in total economic output during project development.  The resort casino is also expected to have an annual economic impact of $428.9m from operational and third-party expenditures, while producing $53m in annual economic impacts from ancillary, off-resort spending. Improvements to regional transportation infrastructure will total $45m.

“I’m incredibly thankful for all the hard work that has gone into our application to the Gaming Commission, and proud to be part of this historic partnership with Suffolk Downs,” said Kevin Brown, Chairman of the Mohegan Tribe and the Mohegan Tribal Gaming Authority. “We hope to make Mohegan Sun Massachusetts the signature project of the Massachusetts gaming industry.”

Pre-opening payments to the City of Revere will total up to $33m, with annual guaranteed minimum community impact payments escalating from $25m in Year 1 of operations to $30 million in Year 7.

Suffolk Downs ownership has invested over $50m to preserve jobs and keep the track operating since 2007. A study released in October reported that Thoroughbred racing in Massachusetts supports over 1,400 jobs and more than 6,000 acres of working farmland in Massachusetts.

“Gaming development by Mohegan Sun on the Revere portion of our property gives horse racing its best chance to succeed here,” said Chip Tuttle, Chief Operating Officer of Suffolk Downs. “We are committed to racing for years to come should Mohegan Sun earn this license.”