Mass. House To Launch Casino Gambling Debate
The Massachusetts House of Representatives is preparing to debate casino gambling this week.
The bill would license as many as three resort casinos and one slots parlor, all competitively bid. Under the proposal, the state would take bids starting at $85 million for up to three casino licenses.
The developers must invest at least $500 million in the casinos. Each must include a hotel.
Bidding for the slots parlor license would start at $25 million and developers would be required to invest $125 million in the facility, which would have no more than 1,250 slots machines.
The casinos will be spread throughout the state with one in western Massachusetts, one in the Boston area, and another in southeastern Massachusetts.
Critics say the state should reject casinos, which they say carry social and economic costs.
This program aired on September 12, 2011. The audio for this program is not available.