Mass. commission contributed to casino exit, Caesars CEO says

Caesars Entertainment criticized the "unprecedented" licensing standards of the Massachusetts Gaming Commission as it exits its partnership in a proposed $1 billion casino at Suffolk Downs racetrack in East Boston. "It’s going to be very difficult for sophisticated, multi-jurisdictional operators to tolerate the environment this commission has created," said Gary Loveman, CEO of Caesars. The state commission had raised questions about the suitability of Caesars partner Gansevoort in a Las Vegas project. Boston Mayor Thomas Menino is considering a postponement of the proposed Nov. 5 vote to allow Suffolk Downs time to find a new partner.

View Full Article in:

Boston Globe (tiered subscription model), The · Boston Herald · Wall Street Journal (tiered subscription model), The

Published in Brief: