New Casino Bill And New Regulator For Massachusetts

Gaming companies interested in competing for the right to build one of three proposed Massachusetts casino resorts will have to pay up to play in the state, with financial requirements ranging well past the $1 billion mark, according to a legislative proposal filed yesterday by Gov. Deval Patrick. The plan also spells out how the industry would be regulated in the state, with a new seven-member gaming authority to oversee the casinos.