Boston Globe: 'Pull The Plug On Flawed Casino Law'Newspaper Asks Voters To Vote 'Yes' On Question 3 |
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The Boston Globe came out with an editorial this week saying that the 2011 Massachusetts casino law is a rotten deal for state residents and the law should be repealed in next month’s controversial referendum, which casino interests are vigorously fighting.
A poll last month showed that one in three voters support the repeal. At worst, according to the SocialSphere poll, roughly 41 percent support the repeal, while roughly 51 percent want it to stay.
Recently, Las Vegas-based casino mogul Steve Wynn recieved the OK to build a casino near Boston. MGM Resorts got the nod for a casino in Springfield. Penn National is building the slots-only parlor. The law being repealed would deal a significant blow to all three companies.
Here are some excerpts from the Boston Globe piece:
Four facilities — and possibly a fifth, depending on whether the Mashpee Wampanoag tribe ever builds a tribal casino — are too many for Massachusetts. The Northeast gambling market is already becoming oversaturated, as the recent collapse of the Atlantic City casino market has shown.
Atlantic City will likely be down to seven casinos by year’s end after the Trump Taj Mahal closes. Many blame casinos in Pennsylvania for Atlantic City’s downfall.
Bizarrely, the Legislature also gave up a hefty chunk of the state’s proceeds to subsidize the horse-racing industry; if the state is going to enter partnerships with gambling companies, all proceeds should at least support true public needs…Both the casinos approved so far are in struggling cities with a long history of municipal corruption and mismanagement. As expected, casino transactions have also proven to be a kind of flypaper for low-lifes, as the recent indictments of the Everett landowners show.
Supporters for casinos argue that they bring jobs and increased economic activity.
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