Maine Fights Third Casino Expansion Plans
Paul LePage, current Governor of Maine has kicked back against a proposed thir d casino in the state. Le Page said that the proponents who focused on the benefits that casinos bring to the state are just covering up the fact that they are looking to expand gambling across the state for their own pockets.
He says the proponents of a third casino are potentially looking to cannibalise the revenue generated by the state’s existing two casinos. The final decision over the construction of the venue will be left up to taxpayers.
The third casino question will be added to a November 7th ballot and the final decision will hinge on whether voters are in support of a third gambling venue.
LePage also added that currently the Maine casino market is already facing saturation. A third casino is said to be able to attract players from neighbouring states, protecting local casinos but officials believe this idea is pure wishful thinking.
Massachusetts, which is right next to Maine, already has plans for two integrated casino resorts which would be very serious competition for the much smaller potential Maine venue. The two planned resorts have a combined budget of over $3 billion, dwarfing the planned Maine venue. This would mean that the only potential for customers for the third venue would be the customers poached from the two currently operating casinos in Maine.
The Ballot question would ask voters quite specifically to give permission for only business man Shawn Scott to be able to build in York County, where the planned casino would be situated, although a specific location is yet to be determined. Proponents have already spent $5million on advertising and promoting the ballot vote and trying to get people to side with casino development.
It is claimed that the casino would generate 2000 jobs as well as $250 million in tax revenues. Casinos have previously invigorated local communities and created many jobs but the question still remains if there will be enough customers to be able to equally support all three casinos.
If business does go down at the other casinos it would certainly mitigate the claimed job creation benefits as people may lose their jobs at the other two casinos almost certainly. The final say will be up to voters and by the 8th of November there may be a new casino in Maine. Job creation is certainly an attractive proposition for many voters.
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