Milford To Vote On Foxwoods’ Casino Proposal
MILFORD, Mass. (AP) — Milford residents are deciding whether to put out the welcome mat for a proposed $1 billion resort casino that would be built off Interstate 495.
WBZ NewsRadio 1030′s Ben Parker reports
Town officials are predicting a large turnout for Tuesday’s vote on the plan offered by Crossroads Massachusetts, a group led by Connecticut casino operator Foxwoods.
Opponents say the casino would reduce property values, snarl traffic and strain water supplies.
But backers point to a host community agreement that calls for Foxwoods to make $31 million in annual payments to the town if the casino is built.
The company, which hopes to compete for the sole eastern Massachusetts resort casino license, announced a deal last week for additional financing, a requirement that had been set by the state’s gambling commission as part of a conditional suitability finding.
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