Casino deal struck between Mohegan Sun, Revere - DC News FOX 5 DC WTTG

Casino deal struck between Mohegan Sun, Revere

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BOSTON (AP) - Mohegan Sun and Revere officials have reached agreement on a new host community agreement that would guarantee the city up to $33 million in upfront payments and between $25 million and $30 million in annual payments if a casino was built on land owned by Suffolk Downs.

The Revere-only proposal emerged after Suffolk Downs' earlier bid for a casino on the Boston-Revere border was rejected by voters in the East Boston neighborhood. The agreement announced on Monday also calls for Mohegan Sun to provide $40 million in infrastructure improvements and gives Revere residents preference in future hiring.

It must be approved by Revere voters in a referendum, possibly in February.

Wynn Resorts has proposed a casino in Everett and is also vying for the single eastern Massachusetts resort casino license.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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