Scarinci Hollenbeck, LLC
The Firm
201-896-4100 info@sh-law.comFirm Insights
Massachusetts Casinos Face Many Headwinds
Author: Scarinci Hollenbeck, LLC
Date: February 18, 2014
Key Contacts
Back
Expanded Gaming Act
On Nov. 22, 2011, Massachusetts Gov. Deval Patrick signed the Expanded Gaming Act, which allows for up to three designated resort casinos in the state located in three geographic regions.
However, these projects have required the support of the citizens in each town where construction is to take place, which has presented some issues. In fact, WWLP reported that there is expected to be a ballot initiative in 2014 that could repeal the casino law.
Voters who want to repeal the Massachusetts’ casino law will need to secure enough signatures to get on the ballot and win the vote. But, that could be a struggle, as the attorney general has said the repeal effort would be unconstitutional, and the gaming companies have also joined together to file a lawsuit to stop the initiative.
What can these casino giants do to get people on board with their projects? For one, they need to sell people on the ability of the new gaming facilities to create jobs. Though we are years removed from the recession, many areas are still struggling, so jobs could be a strong sell point.
The generation of additional tax revenue could be a hard sell to citizens, as this mainly benefits the state, but there are ways it could help people. For example, if these funds are reallocated, and used to improve the town infrastructure citizens could see the impact of high tax revenue first hand.
As long as the casino law isn’t repealed, the casino giants don’t necessarily need the majority of people on their side, but it would make things a lot easier. It will be interesting to see if these casino companies face any future legal fights to begin construction.
- Industries: Entertainment & Media
- Locations: Red Bank, NJ, New York City, Little Falls, NJ
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Related Posts
See all
BESS Project Agreements: Allocating Risk Among Developers, EPC Contractors, and Equipment Suppliers
Developers, engineering, procurement, and construction (EPC) contractors, and equipment suppliers each play a critical role in completing a BESS project. However, when equipment costs rise, deliveries are delayed, or regulations change, determining who bears the financial consequences can become contentious. Well-drafted project agreements are essential to sound risk allocation. Key Takeaways This article is Part […]
Author: Nicholas Wall
IP Infringement: What Steps Can You Take If You're Affected?
IP infringement occurs when someone uses your intellectual property without your permission or beyond the scope of the permission you granted. Common examples of IP infringement include copying a product’s patented features or using a trademarked logo in a way that is likely to confuse consumers about the source or affiliation of goods or services. […]
Author: Michael Mietlicki
Public Allegations, Unfinished Investigation: What New Jersey Businesses Should Do Next
When facing public allegations of wrongdoing, companies should not let the speed of the public conversation dictate the speed of an investigation. An investigation designed to confirm a preferred narrative rather than establish the facts can create serious problems later, particularly if litigation, regulatory scrutiny, or employment claims follow. Key Takeaways When public allegations surface […]
Author: Sean M. Pena
BESS Interconnection: Managing Grid, Cost, and Schedule Risk
For battery energy storage system (BESS) developers, securing equipment and site control is only part of the development equation. A project must also connect to the electric grid, and increasingly, BESS interconnection is one of the biggest sources of schedule, cost, and contractual risk. Key Takeaways This article is Part 3 of our Battery Storage […]
Author: Nicholas Wall
Navigating Director and Officer Liability in Times of Financial Distress
Director and officer liability increases sharply when a company is in financial distress. Decisions that would draw little attention in a healthy business can later be challenged by creditors, shareholders, bankruptcy trustees, and regulators as breaches of fiduciary duty, fraudulent transfers, or oversight failures. Understanding where that exposure comes from, and how to manage it, […]
Author: Michael Mietlicki
Before You Buy: Managing Real Estate and Permitting Risk for BESS Projects in New York and New Jersey
For developers pursuing battery energy storage system (BESS) projects, finding the right property is only the beginning. BESS site selection is as much a legal and transactional exercise as a real estate decision, with risk analysis central to the project’s ultimate success. Key Takeaways The core questions for BESS site selection in New York and […]
Author: Nicholas Wall
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Sign up to get the latest from our attorneys!
Explore What Matters Most to You.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.