BOSTON (AP)- A delay in licensing the sole eastern Massachusetts resort casino could have at least a short-term impact on state finances.
Budget-writers anticipated the $85 million licensing payment before the end of the current fiscal year. But the state Gaming Commission says a dispute over Boston's negotiating rights for proposed casinos in the neighboring cities of Everett and Revere could delay the award until August or later.
A portion of casino licensing fees goes to the state's so-called rainy day fund, while other revenue goes to local aid, community colleges, tourism and other purposes.
The state has received a $25 million license fee for a slots parlor in Plainville and could still receive by June 30 an $85 million licensing fee for the sole western Massachusetts license.
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Dispute in Boston casino licensing could impact state finances
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