Tribal leaders revealed on Saturday that the Mashpee Wampanoag tribe will commence construction work on its planned $500-million casino in Taunton within the spring of 2016.
The tribe, which is 1 of 2 federally recognized tribes in Massachusetts, is to build its venue on commercial land in the part that is eastern of town. Apart from a gambling floor, it could additionally feature two resort hotels and wide range of destinations such as a water park. The Mashpee Wampanoags’ plan is backed by Malaysian casino resort investor Arkana Ltd., which has always been tied with giant Genting Group.
The latter is to contribute 17% of its gaming revenue to the state once the gambling venue opens doors under a 2013 compact between Massachusetts and the tribe. Tribal leaders stated that they want to comply with the regards to the agreement. However, it is still ambiguous if the continuing state would take it into consideration.
The Massachusetts Gaming Commission is currently considering Mass Gaming & Entertainment’s proposal to build a $650-million casino in the Brockton Fairgrounds, the bidder that is lone the last casino permit the regulator would be to give.
The announcement that the Bureau of Indian Affairs has agreed to take more than 300 acres of land in Mashpee and Taunton into trust, thus securing the tribe with sovereign authority over that land, was received with mixed reactions friday.
Tribal officials stated that it was a ‘historic moment’ and they would do their utmost to create a top-class location resort that could provide both the tribe and also the state with a range benefits. keep reading