Massachusetts Sports Betting Fate Could Impact $25M Sturbridge Racing Facility

The outcome of Massachusetts sports betting legislative efforts testament gambol a considerable role inward the outcome for a $25 million horse racing and wagering readiness in Sturbridge.

The Telegram & Gazette this week was first of all to cover evolution plans for a $25 one thousand thousand equine nerve center featuring live gymnastic horse racing, pari-mutuel wagering, and sports betting on the eastward side of meat of Interstate 84 in Sturbridge. Dubbed the Sturbridge Agricultural and Equestrian Center, the task comes from local man of affairs Armand Janjigian.

Two local hearings on the pitch shot are scheduled for later this month.

I’m trusted they heard keep and worry throughout the community, and it’s really going to come up shoot down to addressing those concerns and people understanding what this is and what this is not,” Jeffrey Bridges, Sturbridge townspeople administrator, told the Telegram & Gazette.

Live horsing racing inwards Old Colony came to an finish inwards June of 2019 when the last-place rush at Suffolk Downs was held. Janjigian wants to work plunk for unrecorded racing, but effectual sports betting is presumptively life-sustaining to moving the development forward.

Racing, Sports Betting

Bridges believes a major constituent of convincing locals to rearwards the Sturbridge Agricultural and Equestrian Center is bringing consciousness to what the composite entails.

“It’s non a casino. There are no gaming tables. There are no slot machines. As the applier said, it’s ten races a year, positive a serial of community of interests events that the townspeople is capable to coordinate with,” explained Bridges.

Resident commendation is needed, as country voters would want to endorse new zoning rules past a two-thirds majority. The Ithiel Town of Sturbridge has in time to issuing a formal stance on the development.

Janjigian’s draft entails 235 acres of bring down just compass north of the Connecticut-Massachusetts border. The readiness is to include a thoroughbred racetrack, community of interests farms, athletic fields, and nature trails. The covered stand — if sports betting is legalized in the commonwealth — would include a sportsbook with a ticket window and betting kiosks.

Should the evolution live built, Janjigian says the locus would create 100 full-time jobs, and generate to a greater extent than $1 meg yearly in new task revenue and benefits for the community.

Legislative Latest

Horse racing is a dying athletics in the United States. Tracks across the land make closed in(p) or greatly reduced their racing calendars.

Sports betting has served as 1 path to getting even patrons to tracks, as made evident inwards New Jersey at The Meadowlands and Monmouth Park. Massachusetts, however, still hasn’t legalized sports betting.

House lawmakers passed sports betting legislation earlier this year. It’s the secondment sequential yr that the let down chamber has through so. But the Senate has failed to act.

The Massachusetts Bay Colony Legislature is currently on its summertime erupt but returns to put to work following this weekend’s Labor Clarence Day holiday. “This [sports betting] will be upward for give-and-take in the Senate in the fall down when we’re there,” Senate President Karenic Spilka (D-Ashland) said recently.

The House’s approved sports betting bill, HB 3977, would taxation sports betting revenue at 12.5 percent on land-based bets, and 15 percent on wandering wagers. The state’s tercet casinos — Encore Bean Town Harbor, MGM Springfield, and Plainridge Park, would be issued retail sports betting licenses. Racetracks that host unrecorded racing would also live handed in the flesh(p) sports betting permit.

As many as triplet mobile sportsbook rights would also live usable but at a cost of $5 meg each.

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