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Massachusetts News - Page 18

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One-time charge hurts Penn National fourth quarter results

Penn National said its net loss of $250.4 million for the quarter that ended Dec. 31 was primarily due to a $316.5 million non-cash charge.

Boston to sue gambling commission over Everett casino approval

City of Boston files lawsuit challenging the state gambling commission's decision to endorse Wynn's proposed Everett casino.

Wynn Resorts completes acquisition of Everett casino site

Wynn’s deal for the Everett land has drawn immense scrutiny.

Suffolk Downs could see reprieve if House moves on bill

Suffolk Downs could see a reprieve if the House votes to approve a bill that will permit simulcasting until July 2016.

Lee's Full House Charity Program gives holiday gifts to 75 children in Lawrence, MA

Christmas will be a little more merry for 75 children in Lawrence, Mass., this year, thanks to New England’s top professional poker player Bernard Lee, who donated holiday packages to more than 75 children in the Lawrence, Mass., area as part of The Full House Charity Program on Dec. 18.

Massachusetts proposes that gamblers can set slot limits

Massachusetts wants casino gamblers to be able to limit their losses under a new system.

MGM Resorts raises $1.15 billion of new debt

The casino operator said the funds will be used primarily for development costs surrounding the company’s casino projects in Massachusetts and Maryland.

Massachusetts Gaming Commission announces application deadlines for casino license in Southeastern Mass.

The first application (RFA-1) in a two-phase application process is due on January 30, 2015. The second application (RFA-2) will be due on May 26, 2015.

MassGaming launches innovative longitudinal cohort study to examine how problem gambling develops, progresses, and remits

First-of-its-kind, multi-year cohort study will examine how gambling problems develop over time.

MGM Resorts seeking to raise $1 billion in new debt

The company, which already carries $11.7 billion in long-term debt, said the new debt would come due in 2023.

MGM Springfield pays $85 million licensing fee

MGM Springfield has paid its $85 million licensing fee to Massachusetts.

AGA making its voice heard on major gaming issues

AGA CEO Geoff Freeman said the AGA should be the group to clear up misconceptions or untruths about a regulated casino industry. That’s what the organization did in Massachusetts, and will do in other markets.

MGM officially awarded Massachusetts gaming license

The process was been put hold until a ballot question that sought to repeal the state’s casino law was decided. On Tuesday, Massachusetts voters overwhelmingly rejected the referendum.

Casino City Gang: Election aftermath edition

The Gang discusses the implications of the Republican party's big wins in the Senate on the gambling industry, while also looking at election results in Massachusetts, where voters overwhelmingly voted against repealing gambling legislation. They also discuss the Santa Ysabel tribe's launch of online bingo in California, make predictions for the WSOP November Nine, and end the show by picking every NFL game on the schedule against the spread.

Bay State voters choose to preserve fledgling casino industry

Massachusetts voters saved the state’s fledgling casino industry Tuesday by overwhelmingly rejecting a ballot referendum that would have tossed a three-year-old gaming law.

Massachusetts voters back expanded Gambling

Massachusetts votes not to repeal 2011 gambling law, casinos will proceed.

Vote to reverse Bay State casinos appears losing — or will it?

By all accounts, a referendum to undo Massachusetts’ casino law should get crushed in Tuesday’s election and lose by 15 to 20 percentage points.

Suffolk Downs workers file lawsuit

A lawsuit has been filed against the Massachusetts Gaming Commission by both the city and a union alleging unfair advantage in recent license bid.

Top-10 reactions from my trip to Suffolk Downs

Casino City's Dan Podheiser made his first and last trip to Suffolk Downs last week, and learned a lot about horse racing. He still isn't a fan.

Boston casino not yet a clear Wynn

Saying the Las Vegas-based company isn’t well liked in Boston or in surrounding communities is an understatement. The award to Wynn could drive some of those angry voters to the polls Nov. 4.

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