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Originally Posted by MakoMike
Plenty of room for big corps. in the state, but getting them here ain't gonna happen without a major tax reform, which both houses of the legislature oppose. MA won't build a casino if we do it first. The market studies show that the area can only support three casinos and no one in their right mind is going to put up the capital to build a fourth. The casinos compete on more than just distance. For example, many people drive right by Foxwoods to get to Mohegan Sun.
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Textron and G-tech headquarters based in Providence isn't bad at all for a small town. We have school's like RISDI, J&W and Brown all clustered just begging for more corporate conglomerates to reside outside of Providence. Not to mention rising digital marketing firm BZ results who was based in E. Providence now in Coventry. I feel by adding a casino in RI would be the icing on top of a cake for corporate attraction.
I believe Foxwoods allowed MGM to build another casino next to it, which will make 3 in Conn. within the next 2-3 years.
Driving on 95 it is noticible that the Coventry area is expanding as in a hotel to replace the old G-tech and it's just coincidental that it will reside in between the casinos if the WW Casino passes. Look for that area to appreciate in value. Just like the casino at a poker table, the state hopes to rake in its rates.
But hey what do I know? Just my two cents...
