The Massachusetts gambling commission gave approval to the revised proposal for a casino in Everett. This proposal reduces the price of the landpays and prevents hidden investors from profiting off the sale.
The plans are that the casino/resort/hotel will be built on Monsanto chemical company site. The price of the property is now $35 million, which includes $10 million for cleanup.
A casino can have a positive effect on an area, from the hundreds construction workers of the initial building of the casino to the thousands of employees it will take to actually run the Casino/Resort. This along with the numerous support industries will boast our economy thus our greater #Boston housing market.