Mashpee Wampanoag Tribe to Commence Construction of Taunton Casino in 2016
Tribal leaders revealed on Saturday that the Mashpee Wampanoag tribe will commence construction focus on its planned $500-million casino in Taunton into the springtime of 2016.
The tribe, which can be 1 of 2 federally recognized tribes in Massachusetts, is always to build its place on industrial land within the part that is eastern of city. Aside from a gambling flooring, it could also feature two resorts and a true wide range of destinations such as a water park. The Mashpee Wampanoags’ plan was supported by Malaysian casino resort investor Arkana Ltd., that 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 which they intend to adhere to the terms of the contract. However, it is still unclear perhaps the continuing state would go on it under consideration.
The Massachusetts Gaming Commission is currently considering Mass Gaming & Entertainment’s proposal to build a $650-million casino on the Brockton Fairgrounds, the lone bidder for the final casino license the regulator is 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. (more…)