Boston, Suffolk Downs unveil casino deal
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EAST BOSTON, Mass. (WHDH) -- On Tuesday afternoon Mayor Menino unveiled an agreement between Suffolk Downs and Caesars Entertainment in a plan to build a $1 billion resort casino at Suffolk Downs.
"Some people have waited a long time for us to get here. Let me tell you, it wasn't very easy to get where we are," Mayor Menino said.
Tuesday’s agreement was a big step in making this casino a reality.
"I think outside of Vegas, which is a whole different animal, that this is by far, the biggest and best economic deal that any city has in the country," said Joe O’Donnell the principle owner of Suffolk Downs.
The casino is projected to create 4,000 permanent jobs. It will include an estimated annual payments of $52 million to Boston once the resort is open. $33 million in a one-time investment for schools, parks, public health, arts and public safety, and $45 million in transportation and infrastructure improvements.
However, the voters in East Boston hold the cards. They have to give the go ahead.
“We need more income, we need more jobs,” said Margie Par who supports the casino.
Others feel the casino will be a traffic nightmare.
“It’s going to be bottleneck misery for travelers, commuters, pedestrians. I wish it was not, but I think it could be and I don’t think that’s what we need,” said Linda Parrow who is against the casino.