"When the governor was asked this week whether he plans to refile his casino legislation - and tie its proceeds to funding his education initiative - he smiled broadly"
So THAT is where he plans to get the $$ -- a FAILING CONCERN that was a FALSE PROMISE to begin with!
"There are also growing questions about demand for gambling in New England.... Twin River, a lavish slot palace operating at a dog track in Lincoln, R.I., is struggling to remain solvent after an expensive expansion and earlier this month asked state officials for help."
You gotta be kidding, right? TAXPAYER HELP for the GAMBLERS?
And I was happy to get this guy in place of Romney's crowd?
He has DONE NOTHING except try to get a couple of casinos here and toss money at rich Hollywood folk.
Oh, I'm sorry, he's also got his corporate and lottery favorites, as well as Wall Street!
"Track slot machine bill appears dead; Lawmakers at odds over fate of gambling measure Proposal caught in House-Senate procedural dispute" by Matt Viser, Globe Staff | June 27, 2008
Like the governor's plan before it, a proposal to install slot machines at the state's racetracks appears to have died for this year, a victim of a procedural dispute.
Representative David L. Flynn, a Bridgewater Democrat who was spearheading the effort, conceded defeat yesterday afternoon on legislation that would have allowed each of the state's four racetracks to install 2,000 slot machines, a plan that proponents said would have generated up to $500 million.
Track owners had been quietly laying the groundwork for the debate, sending letters this week to all legislators and officials in all 351 cities and towns. The letters detailed how much money local officials would receive if the legislation is approved, and plays up the amount of budget cuts cities and towns are going through.
But there were several major hurdles, including little support from gambling backers who wanted full-blown resort casinos. There are also growing questions about demand for gambling in New England and whether it has reached a pinnacle. Twin River, a lavish slot palace operating at a dog track in Lincoln, R.I., is struggling to remain solvent after an expensive expansion and earlier this month asked state officials for help.
The owners of Twin River want to drastically reduce the percentage of casino proceeds it gives to Rhode Island, from 61 percent to 25 percent. Twin River would give the state a one-time payment of $560 million as part of the deal, but the state would lose money in the long run.
A Twin River spokeswoman has called the situation dire and said the track may have to consider bankruptcy if the state doesn't agree to change its contract.
That's what used to be called BLACKMAIL!
Connecticut casinos, long cited as some of the most successful in the world, have also suffered declining slot revenues. Slot machine revenues at the two casinos, Foxwoods and Mohegan Sun, were down 4 percent from July 2007 to May 2008, compared to the same 11-month period a year earlier, according to the Connecticut Division of Special Revenue.
Two of the partners who bought Lincoln Park in 2005 and rejuvenated it as Twin River, Len Wolman and Sol Kerzner, have joined with the Mashpee Wampanoag tribe to push plans for a casino in Middleborough.
And who is Sol Kerzner?
"Born outside Johannesburg in 1935 to Russian Jewish immigrants... by 26, he had entered the hotel business and in 1964 opened his first luxury hotel in South Africa using money invested by his accounting clients....
Part of the Russian/Jewish mafia is he?
In 1979, Kerzner created Sun City — the world’s first modern casino-resort, in the heart of the apartheid-era black homeland of Bophuthatswana. Technically not considered a part of South Africa, the location allowed Kerzner to operate a gambling casino and screen X-rated movies, activities that were illegal at the time in white-governed South Africa....
In mid-1987, Kerzner left South Africa under a cloud of suspicion and resettled in London. He was charged by a prosecutor in the black homeland of Transkei of bribing the governor of that state for casino rights. The governor served a nine-year prison sentence for accepting payment from Kerzner. Kerzner later admitted paying the money but claimed he was extorted. He spent years and millions of dollars in an eventually successful effort to get the charges dropped.
What is with the JEWISH GUYS and the BRIBES?
Kerzner later sold most of his interest in his South African hotel empire and began looking for new markets.... his taste for the fast life would be breathlessly chronicled in the world media for decades....
Len Wolman, chairman and chief executive of lodging concern Waterford Group, of Waterford, Conn., first brought the Mohegan Sun deal to Sol Kerzner.... Butch [Kerzner, Sol's son] also befriended members of the royal family of Dubai, who became large investors in the company as well as several Kerzner projects and awarded the Kerzners a key piece of land in Dubai for a second Atlantis resort scheduled for completion in late 2008....
Puts the LIE to all the Zionist's Muslim propaganda, doesn't it?
When $$ is involved, it is a different story.
The deal had barely closed when Butch was killed, along with the two pilots and another passenger in the helicopter crash.... None of Kerzner’s other children are expected to figure into his succession plans....
Kerzner International will likely bid on Britain’s “super-casino” project announced last month for Manchester, England. Kerzner also says he’s interested in pursuing a project in Las Vegas."
Quite a story, 'eh?
Now back to your regularly-scheduled blog post:
Tribe officials say they are not worried about the financial woes of Wolman and Kerzner, who also own several ailing racetracks in Colorado, and would look for additional financial backers if they were unable to finance the $1 billion casino in Massachusetts.
Governor Deval Patrick filed legislation last year that would have licensed three casinos in Massachusetts, which he said would create 20,000 permanent jobs and at least $400 million in annual revenue for the state.
While any gambling expansion appears unlikely this year, all sides have eyes on the next legislative session, which starts in January.
When the governor was asked this week whether he plans to refile his casino legislation - and tie its proceeds to funding his education initiative - he smiled broadly but would give no further indication of his intentions.
"Everything is on the table," he said.
--MORE--"
Whadda are ya, rolling craps, guv?
Come, on 31 black. 'eh?
