REVERE, MA – (January 28, 2014) – Mohegan Sun and Suffolk Downs today announced the completion of terms for agreements with seven local communities, marking another critical step in the pursuit of a license to develop a world-class casino resort in Revere.
January 9, 2014 -- Suffolk Downs is committed to continuing racing through at least the initial 15-year duration of Mohegan Sun Massachusetts’s gaming license should Mohegan Sun Massachusetts earn a Category 1 license and develop and open a gaming facility on the Suffolk Downs property in Revere, the historic racetrack expressed this week in a letter to the Massachusetts Gaming Commission.
December 27, 2013 -- A campaign to engage the strong support in Revere for a $1 billion resort casino begins today after the City Council set February 25 as the date for a referendum election on the city’s Host Community Agreement with Mohegan Sun.
December 23, 2013 -- Mohegan Sun today announced a host community agreement with the City of Revere that would guarantee the City between $25 million and $30 million in annual revenue, with the potential of that to grow beyond $40 million a year.
November 27, 2013 -- Suffolk Downs announced today it has reached agreement with Mohegan Sun to be its development partner and gaming operator for a world-class resort casino on 42 acres of the track’s 52 acres in Revere, Massachusetts. The deal brings New England’s premier gaming brand – and one of the world’s most successful casino companies – together with historic Suffolk Downs to create a world-class destination that will create thousands of jobs, new opportunities for small business and economic development for the entire region.
Clubhouse and grandstand renovations, state-of-the-art technology, enhancements to outdoor viewing areas, construction of new dormitories and additional upgrades to the barn area, and new racing surfaces are all part of Suffolk Downs’ $40 million racing improvement plan unveiled today at Indian Rock Stables, a Thoroughbred breeding farm located in Saugus, MA. The racing improvement plan is part of its overall proposal to develop a $1 billion world-class resort at the historic 78-year-old racetrack.
Thoroughbred Industry in Massachusetts to Get Boost with Thousands of Jobs, Agri-Business Growth, Farm Acreage Expansion, Increased Purses
More than 2,000 new Thoroughbred equine industry jobs will be generated in Massachusetts and the net positive impact of the Thoroughbred industry in the state will increase from $116.3 million to $183 million – a 57 percent climb – should Suffolk Downs earn a resort casino license, according to a report released today by Christiansen Capital Advisors, LLC, which includes data gathered by Salem State University’s Center for Economic Development and Sustainability.
Click here to read the release.
Click here to read the Economic Impact of the Massachusetts Thouroughbred Equine Industry.
Based on recent information and the briefing we received from investigative bureau of the Massachusetts Gaming Commission, we are confident that Suffolk Downs will be deemed suitable for licensing as we work to earn a gaming license in the Commonwealth. As a result of the briefing we have asked our management partner, Caesars Entertainment, to withdraw as a qualifier from our license application. We will immediately begin a public communications initiative to notify our host communities of this change. We look forward to the next phases of the public process to bring to fruition our proposal to develop a world class destination resort casino on our 161 acre property that will be an economic generator for our two host communities of Boston and Revere.Read More
On behalf of Sterling Suffolk Racecourse, LLC, enclosed please find the environmental Notification Form (ENF) for The Resort at Suffolk Downs, a destination resort casino proposed at the Suffolk Downs racetrack in Boston and Revere, Massachusetts.
EAST BOSTON – August 10, 2012 – After rolling out development plans for a $1 billion destination resort in June and conducting several local community meetings since then, Suffolk Downs has formally declared its intent to compete for one of Massachusetts’ commercial gaming licenses by filing the state’s form and submitting the required non-refundable $400,000 fee with the Massachusetts Gaming Commission, track official announced today.
Former Boston Police Commissioner Paul Evans has been named Executive Vice President, Security and Compliance at Suffolk Downs, effective immediately. Evans began working with the historic 77-year-old thoroughbred racetrack in 2009 as a consultant on security and public safety.