Hurry Up and Wait!

A $400,000 application fee was a lottery ticket type gamble a dozen gaming companies couldn’t resist.  $40 million over two years in planning, engineering, studies, etc…was practical due diligence for a favorite in the run up to licensing.  $200 million to the state for being awarded the sole Western, MA license:  Hold the phone!  Read why a skittish Massachusetts is giving MGM cause for pause in securing the license it has so vigorously pursued.


Gary Galonek


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