Meeting Notification: MGC announces final evaluation and determination schedule for Southeastern Massachusetts resort-casino license
- April 19, 2016
- by MGC Communications
- 0 comments
The Massachusetts Gaming Commission is pleased to announce plans for the final evaluation, deliberation and determination process for the Region C resort-casino license. The Commission is nearing the completion of the ‘Evaluation Process’ for the Region C (Southeastern Massachusetts) Category 1 (resort-casino) application submitted by Mass Gaming & Entertainment LLC (MG&E). In keeping with the Commission’s commitment to transparency, the results and findings of the months-long evaluation review will be made public during a series of presentations and deliberations beginning on Tuesday, April 26, 2016. The Commission expects to complete its work between Thursday, April 28th and Friday, April 29th .
All meetings will be live-streamed on MassGaming.com.
On September 30th, 2015, MG&E (who had successfully completed the Phase 1 suitability process) submitted a completed Phase 2 application to the Commission. The Phase 2 application is broken into sections that include key evaluation criteria: 1. Overview of Project; 2. Finance; 3. Economic Development; 4. Building and Site Design; 5. Mitigation.
MG&E’s Phase 2 application is available for viewing here.
Public Meeting Schedule:
Tuesday, April 26, 2016 through Thursday, April 28, 2016 – 10:00 a.m.
The Shaw’s Conference Center , 1 Feinberg Way, Brockton, MA
Friday, April 29, 2016 – 10:00 a.m. (if necessary)
101 Federal Street, 12th Floor, Boston, MA
The established ‘Evaluation Process’ for assessing expanded gaming applications was developed based on requirements written into the “Expanded Gaming Act” as well as criteria approved by the Commission to solicit the most competitive projects that meet the expectations provided in the final application, have a positive impact on the Massachusetts economy and enhance the state’s revenues.
A detailed explanation of the ‘Evaluation Process’ and the five key evaluation criteria is available on the commission website and can be viewed here.
Each of the five commissioners has taken the lead on overseeing independent advisers and industry experts to evaluate the MG&E application based on more than 200 questions addressing the Commission’s key five evaluation categories. Each commissioner will publicly present the results of their efforts to their fellow commissioners. Commissioners will then have the opportunity to ask questions regarding each of the commissioner’s presentations. The information presented will then lead to public deliberations ultimately resulting in a decision about the Region C Category 1 resort-casino license.
About MassGaming
The mission of the Massachusetts Gaming Commission is to create a fair, transparent, and participatory process for implementing the expanded gaming law passed by the Legislature and signed by the Governor in November, 2011. In creating that process, the Commission will strive to ensure that its decision-making and regulatory systems engender the confidence of the public and participants, and that they provide the greatest possible economic development benefits and revenues to the people of the Commonwealth, reduce to the maximum extent possible the potentially negative or unintended consequences of the new legislation, and allow an appropriate return on investment for gaming providers that assures the operation of casino-resorts of the highest quality. For more information on MGC, please visit MassGaming.com or connect and share on Twitter (@MassGamingComm) or Facebook www.facebook.com/MAGamingComm.