Bidding War For Massachusetts Casino Set To Attract Big Names

Move over Red Sox and Patriots, there soon could be a new form of entertainment gripping Massachusetts, casino gambling. As with most other states, Massachusetts appears ready to enter the world of casino gambling, and that means some big names will try to get a piece of the action.

The Governor of Massachusetts has given his recommendation, and part of what was outlined was the addition of four state licenses for gambling.

Upon hearing of the news, some big name company's have already expressed their interest in the northeast area.

Steve Wynn of Wynn Resorts in Las Vegas has said that he would be interested in bidding on one of the licenses.

The MGM Mirage is another of the Las Vegas based casinos that is expected to put a bid in to the state.

One of the most outspoken potential candidates is Sheldon Adelson, who runs the Las Vegas Sands Corporation. The Venetian Resort is the corporations prized Las Vegas casino, and they also have resorts in both Singapore and Macau.

Another interesting candidate is Harrah's Entertainment. Their chief executive Gary Loveman lives in the Boston suburbs and is a former Harvard Business School professor.

The interest in the licenses is not only coming from out of state as the four racetracks in the state are also expected to put bids in. The outcome, however, would not affect the racing, as the groups have all said they would continue live racing even if they offered other gambling options.

September 18, 2007
Posted By Larry Rutherford
Staff Editor, CasinoGamblingWeb.com
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