Monday, June 30, 2014

Massachusetts rolls the dice on casino revenues

Here in the Bay State, the State House passed a budget but they're counting on revenues that may disappear faster than chips at a blackjack table:
An expected $73 million from casino licensing fees is included in the budget though that may need to be readdressed in the fall if the ballot question seeking the repeal of the state authorizing the casinos passes.
I think there's a very good chance that Massachusetts voters will repeal the casino authorization and that money will disappear, so why include it?  It seems irresponsible but then, hey, Poppa needs slots cash.

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