Mashpee Wampanoag Tribe to Commence Construction of Taunton Casino in 2016
Tribal leaders revealed on Saturday that the Mashpee Wampanoag tribe will commence construction work with its planned $500-million casino in Taunton within the springtime of 2016.
The tribe, which is one of two federally recognized tribes in Massachusetts, would be to build its place on industrial land within the eastern part of the city. Apart from a gambling flooring, it would also feature two accommodations and a true wide range of attractions such as a water park. The Mashpee Wampanoags’ plan is backed by Malaysian casino resort investor Arkana Ltd., that has long 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 said which they plan to adhere to the regards to the contract. However, it is still ambiguous whether the state would go on it into account.
The Massachusetts Gaming Commission is currently considering Mass Gaming & Entertainment’s proposal to construct a $650-million casino in the Brockton Fairgrounds, the bidder that is lone the last casino permit 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.
Tribal officials said that it was a ‘historic minute’ and they would do their utmost to construct a top-class destination resort that could offer both the tribe plus the state having a quantity of advantages. (more…)