BOSTON, Mass. (WWLP) — The Massachusetts Gaming Commission has announced that a casino license will be issued no later then February 26, 2014. But they hope the first license will be issued sooner than that.
â€śWe are going to try to pull that back and we think we can squeeze here and there and we may be able to get it back and â€¦have the casino license by the end of 2013,â€ť said Massachusetts Gaming Commission Chairman Stephen Crosby.
During a meeting with the Commission, gaming consultants roughly outlined how and when the Commission will meet that goal.
Phase I applications will be accepted December 31, 2012 and approved by October 16, 2013. Developers will be vetted for their suitability, integrity and financial ability.
â€śThe evaluations of suitability are, weâ€™re told, very detailed, they are intrusive by nature,â€ť said Massachusetts Gaming Commissioner Enrique Zuniga.
Developers that pass Phase I can submit Phase II applications on November 1, 2013. Phase II requires developerâ€™s to present their casino design proposal. Around the same time, residents will vote on whether they want to host a casino in their town. If the vote is yes, gaming regulators will evaluate the casino project and issue a license by the following year.
Currently, the Gaming Commission is accepting Phase I application fees from interested casino developers.
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