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Home News Gambling News Palmer Business Group Endorses Mohegan Sun Casino Proposal

Palmer Business Group Endorses Mohegan Sun Casino Proposal

Mohegan Sun’s proposal to develop a $600 million resort casino in Palmer has landed the support of one on the region’s organization groups.

The Quaboag Hills Chamber of Commerce, which works to boost firms in around 15 communities in the Quaboag Valley, announced Thursday that it was backing the project for the perceived potential benefit within the region.

“We are thrilled to announce our endorsement in the Mohegan Sun project in Palmer,” stated Leonard Weake, President on the Quaboag Hills Chamber of Commerce, inside a press release. “Palmer’s access to a major highway and proximity to four other states make it a ideal place to get a location resort casino. This development project will contribute to elevated economic activity around the Mohegan Sun site in Palmer and all through the Quaboag Hills area.”

In announcing the help, Mohegan Sun along with the chamber also revealed that in the event the Connecticut-based casino operator lands the sole state-issued casino gaming license, the two organizations would also partner on a rewards plan which they say would encourage casino patrons to visit “locally-owned neighboring companies.”

“We are excited to possess the help of the Quaboag Hills Chamber of Commerce,” Mitchell Etess, CEO with the Mohegan Tribal Gaming Authority, stated in a statement. “Mohegan Sun has generally been committed to cultivating financial development within the regions where we operate. This endorsement shows that we’re currently working closely with nearby firms in Western and Central Massachusetts. We thank the Quaboag Hills Chamber for their endorsement and continued support and we appear forward to operating with them.”

In Western Massachusetts, Mohegan Sun is competing with at the least 3 other casino operators all aiming to land the 1 license that should be granted for this component of your state. In Springfield, both MGM Resorts International and Penn National Gaming have submitted plans to respectively construct resort casinos inside the south and north ends in the city.

The Affiliated Chambers of Commerce of Higher Springfield previously endorsed the development of a casino within the city, although it has not picked one specific program to help.

Difficult Rock International has also unveiled a strategy to create a resort casino on the grounds of the Eastern States Exposition in West Springfield.

The Massachusetts Gaming Commission lately shut the door on other possible local developers in denying numerous requests for an extension beyond the Jan. 15 deadline to file an application and also a non-refundable $400,000 fee.

There are actually 11 total firms that met the state gaming commission’s deadline and at this phase of consideration, none officially need to declare exactly where they intend to create a casino. By the “Phase 2″ deadline, which can be nonetheless unannounced, a developer need to have a site-specific program too as answers and research to address fundamental elements of their respective proposal.

Mohegan Sun has been by means of its share of alterations because becoming an early contender for the Western Massachusetts casino license. Earlier this month, the casino enterprise announced it had partnered together with the New York-based Brigade Capital Management, that will reportedly finance its development need to their project pass all obstacles to fruition.

Etess previously stated he feels the the financial partnership provides Mohegan Sun “the most strong monetary footing of each of the parties in competitors.”

As a guest speaker at a current Amherst Location Chamber of Commerce meeting, Etess reiterated his feelings that as opposed to the Springfield and West Springfield proposals, Palmer would host a rural casino which he stated will be the kind of facility “people are made use of to.”

Right after passing the gaming commission’s method, a casino developer’s proposal ought to pass a voter referendum in the respective municipality and after that go back towards the state for final approval. Immediately after many companies presumably commit millions in organizing, marketing and advertising and land acquisition or agreements, only 1 will get the license to develop a resort casino in Western Massachusetts with a different popping up within the eastern part with the state.

Barring any unforeseen kinks in the process, the state is expected to grant its 1 slot parlor license in late 2013 together with the resort casino licenses potentially not being issued until early 2014.

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