The Massachusetts Senate is expected to vote as early as today on a Class III gaming compact for the Mashpee Wampanoag
Tribe.
The 15-year deal requires the tribe to share 21.5 percent of gross gaming revenues with the state.
According to an environmental notice, the casino will generate $511.8 million a year although it's not clear if that figure means only gaming revenues.
The casino itself will cost about $500 million. The notice says construction will create $836.5 million in economic benefits for the state.
The House already approved the compact. The Senate's vote would clear the agreement for Bureau of Indian Affairs review.
Get the Story:
Projected annual casino revenue set at $511.8M
(The Cape Cod Times 7/24)
Casino compact raises tribal concerns
(The Cape Cod Times 7/24)
Tribe estimates $512 million in annual revenues from Taunton casino venture
(State House News Service 7/23)
Related Stories:
Mashpee Wampanoag Tribe's compact
anticipates casino delays (7/23
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