"Sheldon Adelson, chief executive of Las Vegas Sands and the world's third richest man.... in a rare, hourlong interview last week inside his office at The Venetian, said Massachusetts can't expect to win the lucrative windfall.... unless the terms are more favorable to developers"
What WINDFALL? Gambling is a NET LOSER for the state!!!!
Btw, this is why I don't want them here: The Boston Globe is a Mouthpiece For the Jewish Mafia
"What happens in Vegas resonates in Mass.; Industry's downturn may force backers of gambling to lower projections for state" by Matt Viser, Globe Staff | February 24, 2009
LAS VEGAS - .... If there is a fitting emblem to the dire financial straits on the Las Vegas Strip caused by the national recession, it is here, in front of The Venetian, one of the world's most famous resort casinos. Its opulent marquee is overshadowed by a partially complete luxury condo tower, a $600 million project that has been halted indefinitely.
As Massachusetts returns to the idea of licensing resort casinos a year after Governor Deval Patrick's gambling proposal died in the Legislature, state officials are encountering a gambling industry that is suffering a hangover, like a gambler at 7 a.m. after a bad night, pockets empty.
Yup, our BUDGETARY SAVIORS!!! Talk about grabbing at an anchor to keep from drowning!
Tourism and gambling revenues have shrunk. Stock values of casino companies are plunging. Financing for construction is tight. The casino moguls who were scouring Massachusetts for locations to build gambling and golf resorts just a year ago are now trying to stave off bankruptcy....
Related: Rhode Island First State to Bail Out Casinos
Even as the political stars are lining up on Beacon Hill, the downturn in the gambling and tourism markets may force state officials to reevaluate and potentially scale back their plans....
Good, because WE DON'T WANT THEM HERE!!!!
Gary Loveman, a Bay State resident, and the chief executive at
This after we JUST VOTED to END DOG RACING DOWN THERE!! Why we even bother voting then? And he's a (drum roll, please) a JOO of all things!
Instead of resorts, Loveman said, the Massachusetts Legislature should pursue an incremental approach to expanded gambling by legalizing slot machines at the racetracks, including Suffolk Downs. One model, he said, would be similar to Detroit, where state officials allowed for temporary casinos until developers could secure more funding and build bigger tourist destinations.
Funding FROM WHO? TAXPAYERS?
Richard Fields, the principal owner of Suffolk Downs, said he remains confident that he could finance and develop a resort casino at the East Boston track. There could also be a market for less well-known developers who are not on the Vegas Strip but who have been steadily building casinos across the country.
"There's plenty of money sitting on the sidelines," said David Nunes, a developer who has been putting together a joint venture to attempt to build a casino near Interstate 495 in Milford. "All these new gaming groups are attached to private equity firms with deep pockets, and Massachusetts is the last great market to go. People will show up. They'll just be different players."
Yeah, SOMEHOW their is ALL THIS MONEY FLOATING around even as the ECONOMY SEIZES UP!! Somebody is LYING, readers!!!!!!!
This "crisis" is being done ON PURPOSE to ENRICH a SELECT FEW at the expense of the VAST MANY!!!!!
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Sheldon Adelson, Las Vegas Sands Corp. chief executive, in a rare, hourlong interview last week inside his office at The Venetian, said Massachusetts can't expect to win the lucrative windfall that Patrick forecasted last year unless the terms are more favorable to developers.
Then STAY OUT, Joo!!!!!
"I will do everything I can to be in my own hometown, in my own state," said Adelson, a Dorchester native. "However, it's going to be more difficult. I don't think there's anybody left in the casino business that would pay $350 million for a license for 10 years. They won't do it."
Good! Then they can take their immoral looting and STAY OUT of this state!!!
Adelson has seen losses that would make anyone blanch. He was the third-richest man in the world in 2007 - earning an average of $20.5 million a day - but saw his net worth decline $4 billion in September alone, according to Forbes magazine. Las Vegas Sands has endured stock declines and Adelson has poured $1 billion of his money into the company.
Aww, the POOR LITTLE JEW MOB BOSS!!
The f***ing paper is MAKING ME SICK, readers!!!!
Adelson said he wants to build a resort on land near the nexus of Interstate 495 and the Massachusetts Turnpike on a site he won't identify. And while he thinks a casino with all the amenities is the only way Massachusetts can compete with the two Connecticut casinos, he is not ruling out a scaled-down facility.
"Will we do a slot parlor? Yeah," he said. "But we don't think that's in the best interest of the state of Massachusetts."
Yeah, like HE has the BEST INTERESTS of OUR STATE at HEART!! Gimme a break, will you, Globe? That jewshit cares about $$$$ -- otherwise, he wouldn't be in the GAMING BIDNESS!!!!!!!!
Overall, he said, he remains bullish on gambling. "I've been told since I was a kid there were two things that people never forget: how to ride a bicycle and how to have sex. And also how to gamble - so I say there's three things," said Adelson. "People aren't going to stop gambling."
But THEY ARE, delusional joo!
But just outside his office window, Las Vegas is suffering its worst downturn ever, and specialists say it may be more than a temporary blip.
Yes, I HAVE HAD IT with COULD BE, IF, MAYBE, STILL, BUT passing itself off as NEWS REPORTING!!!!
Nevada has had 12 consecutive months of declining casino revenues, and the annual numbers fell for the third time in state history....
But listen to the lying, over-optimistic jewish looter rather than the FACTS, readers!
At 8:30 on Wednesday night at the Venetian, 18 of 36 card tables had not a single gambler sitting at it, leaving dealers with little to do. Inside the Palace Court Slots in Caesars Palace, there were two gamblers at about 100 machines. At the Bellagio, where "Karma Chameleon" played lightly over the speakers, entire rows were empty, which some gamblers insist is because the casinos are stingy.
Well, they are OWNED by JEWS, aren't they?
"I've never seen the slots so tight," said Roy Morey, 71, a retiree from Tucson who for the first time in 10 years wasn't planning to spring for show tickets. "Normally I'd gamble until 11 at night. Now we're finishing at 8 and going back to the room. We're just not winning."
One group of tourists walked along Las Vegas Boulevard last week lugging a bag of pretzels and five boxes of cereal from
Awww, isn't that special!? Crapper elites hurting so they are letting the scum rabble in!
FUCK YOU!!!!!!!! I've been to Foxwoods, and I wasn't impressed at all. A scum hive, that's the impression I had.
There are half-built projects on prime Vegas real estate, after casino companies took out billions in bonds to build luxury condominiums and high-end casino resorts.
Oh, THEY are in DEBT, too, huh? I'll bet THEY will get a BAILOUT!!!
Sounds like Harvard.
Still, most are optimistic that Las Vegas will bounce back.
Need I even type it STILL, readers?
Just ask Pete "Big Elvis" Vallee, a 410-pound man who makes his living singing three times a day, five days a week at Bill's Gamblin' Hall and Saloon:
"We'll come back. This economy will come back."
--more--"As long as you DON'T COME HERE (and we just got some help in that department):
"Ruling puts tribe hope for casino in doubt; US justices bar land trust tactic" by Matt Viser, Globe Staff | February 25, 2009
The US Supreme Court delivered a crippling setback yesterday to the Mashpee Wampanoag in Massachusetts and many other tribes across the nation that are seeking to build casinos, ruling that the federal government cannot place land into trust for newly recognized tribes.
The ruling instantly cast doubt on the Mashpee Wampanoags' quest to build a $1 billion casino in Middleborough, disappointing tribal officials who had hoped to get 539 acres put into federal trust as soon as this spring.
Thank you, Supreme Court!
The ruling also eliminates one of the political rationales that had been advanced last year by Governor Deval Patrick and other gambling proponents for approving casinos in Massachusetts. Administration officials had argued that the tribe was likely to win a Native American casino someday, so the state should get in on the action first and control the flow of revenues by setting up its own network of licensed casinos....
State get IN on the ACTION, huh? Like a MOB BOSS might, huh?
The result is a major reshuffling of the gambling picture across the country. Specialists said the Mashpee Wampanoag and other tribes will find it necessary to mount a fresh lobbying campaign in Congress in a bid to change federal law for dealing with Native American land....
Cedric Cromwell, the newly elected chairman of the Mashpee tribe, is planning to send letters this week asking US Senators Edward M. Kennedy and John F. Kerry, as well as US Representative William D. Delahunt, to file legislation to change the law. Representatives of the state's delegation, as well as the governor, said they were reviewing the decision, but took no position yesterday.
The ruling is expected to trigger an outcry among the dozens of Native American tribes that have been seeking to obtain sovereign land, and it will provide an early test for President Obama, who has promised to be more attuned to the concerns of Native Americans....
What does it have to do with the new dictator? This is between Congress and the courts!
