In a move that should surprise no one, the state accepted Wonderland's request to transfer its license to simulcast dog races to Suffolk Downs. It should be noted that the group that owns Suffolk also owns Wonderland, which makes it likely that they're consolidating the operations at Suffolk Downs, so it would no longer make sense to keep Wonderland.
Given the fact that there's a major redevelopment effort being made just across the street -- both at the Wonderland T stop on the Blue Line and surrounding it -- it just makes sense for Suffolk Downs to sell the property now. Given a few years, the potential development that could be built on what's currently Wonderland, as well as what's going on across the street, Revere and the surrounding area could be poised for a real economic boon.
On the other hand, from a no-slots perspective, this cements Suffolk's position as the regional gambling powerhouse, helping their balance sheets by being able to divest in Wonderland, which helps them keep Suffolk open. I wouldn't care about any of that, save for the fact that it strengthens their ability to fight for slots. Suffolk is the #1 force behind the yearly quest for casinos and racinos in Massachusetts, so it would have been nice to see that fly finally swatted.
Showing posts with label revere. Show all posts
Showing posts with label revere. Show all posts
Monday, December 27, 2010
Thursday, June 18, 2009
Deval's Economic Development
Good news.
Here's hoping two years from now we can see tangible results from these major economic developments. It's just a start, but it's an illustration of the fact that Deval Patrick and his administration are serious about making sure the economic success that Boston's enjoyed over the years will finally be distributed throughout the state, in all our gateway and former mill cities that have been struggling for decades.
Governor Deval Patrick’s administration will spend hundreds of millions of dollars this summer building roads and highway ramps for at least five struggling private developments - from the former Naval air station in Weymouth to Somerville’s Assembly Square - in hopes of jump-starting construction and the local economy.The better news is just where these projects are proposed -- these are places ripe for job growth, many of which have a particular need for good jobs.
The money, a combination of federal stimulus money and state funds, will not go directly to the private developers, but rather for public works that Patrick aides said they expect will make it easier for companies to arrange financing in otherwise tight credit markets. That, in turn, would kick off construction of the planned office parks, shopping centers, housing, and hotels that will create new jobs.
Although more projects may be chosen later, the ones already approved include not only SouthField in Weymouth and Assembly Square, but a new business park in Fall River that will recruit biotech companies, the Westwood Station project, and Waterfront Square at Revere Beach.I'm particularly excited about the Fall River and Revere projects. Revere's project will be right across the street from Wonderland. There's a Blue Line station right there and plenty of further development opportunity, quite likely in Wonderland itself (it is closing, after all), which may be spurned on by these investments. Fall River is just an economically depressed city - the family median income is around $25k. It needs those jobs desperately. The thing about Fall River (and New Bedford) that makes it a great place for entrepreneurs is that the property there is dirt cheap - way cheaper than the rest of the Massachusetts, cheaper than the Tri City area in NC that's been siphoning off some biotech jobs. It's also close enough to the Boston area that it still has access to recruiting the top talent in the US for biotech or other high-tech jobs, not to mention a great university next door (UMASS Dartmouth), as well as plenty of Universities in Rhode Island, in and near Providence.
Here's hoping two years from now we can see tangible results from these major economic developments. It's just a start, but it's an illustration of the fact that Deval Patrick and his administration are serious about making sure the economic success that Boston's enjoyed over the years will finally be distributed throughout the state, in all our gateway and former mill cities that have been struggling for decades.
Monday, August 04, 2008
"Long and Trusted Relationship." Ha!
From the State House News Report: Governor Patrick thankfully refused to support a bailout of the Wonderland Race Track - and their refusal to pay property taxes. Don't worry, though, Wonderland and Revere's Mayor have worked it all out...
It's a relationship, all right, and certainly long - but trusted? Revere is the long and abused wife, who's just starting to work up the courage to leave. Certainly, this $800,000 fiasco will do wonders for the community - in convincing them that they don't need Wonderland Race Track and the hundred favors every year it'll need just to stay open. It's not good for the community one bit, not only are hundreds of dogs being injured there every year, but they can't even manage to pay their own taxes. It's time we put this dog industry out of its misery - and I thank the fine folks at Wonderland for making my case for me.
In a statement, Wonderland executive Dick Dalton said, "We take full responsibility and have taken immediate action to arrange a payment plan to settle the arrears. We have spoken with Mayor [Joseph] Ambrosino and expressed our deep regrets for any inconvenience we have caused the City of Revere. The City of Revere has been a long and trusted partner and we value our continued relationship with the community.There's a long and trusted relationship? What part of 'long and trusted' and 'relationship' is withholding more than $800,000 dollars? In long and trusted relationships, does one party take all the money and run? Or do they go years in which one party doesn't pay the legally required taxes to the other? How many layoffs did that $800,000 lead to in the city of Revere - how's that for long and trusted?
It's a relationship, all right, and certainly long - but trusted? Revere is the long and abused wife, who's just starting to work up the courage to leave. Certainly, this $800,000 fiasco will do wonders for the community - in convincing them that they don't need Wonderland Race Track and the hundred favors every year it'll need just to stay open. It's not good for the community one bit, not only are hundreds of dogs being injured there every year, but they can't even manage to pay their own taxes. It's time we put this dog industry out of its misery - and I thank the fine folks at Wonderland for making my case for me.
Thursday, July 31, 2008
This is the Industry We're Protecting
The Dog Track industry is so profitable and important to the Massachusetts economy that Wonderland Race Track is about to be foreclosed on. And, no, this doesn't even have to do with the mortgage lending crisis... they owe the city of Revere more than $800,000 in back taxes!
Don't worry, though. When you're a government-protected industry, you don't have to worry about silly things like not paying taxes.
HT David.
REVERE - Revere city officials have begun foreclosure proceedings on Wonderland Greyhound Park for failure to pay $789,293 in taxes over the last two years.
Wonderland Park, the city's eighth biggest taxpayer and now the city's largest tax delinquent, also owes $16,673.70 in water and sewer bills, said George M. Anzuoni, Revere's director of finance. The figures were calculated through Aug. 1 and include interest and fees.
Don't worry, though. When you're a government-protected industry, you don't have to worry about silly things like not paying taxes.
The track has been delinquent since 2006, city officials said. But city councilors were surprised to learn last week that the track was able to obtain annual liquor and restaurant licenses, as well as a special permit for parking at a track-owned parking lot while delinquent on taxes. That is a violation of a local ordinance.This is why we need to make sure the ballot question to end dog track racing passes. The lobby is too strong - and nervous about profits - to trust just to die off on its own, as one would think would be inevitable. They'll keep trying for other revenue streams to add to their tracks, like the even more nefarious slots, which in the end will only serve to keep these dogs down and promote their sufferring. Enough is enough.
HT David.
Labels:
greyhounds,
property taxes,
racinos,
revere,
taxes,
wonderland
Monday, June 23, 2008
The Casino Job Mythos
One of the biggest reasons some people claim to support casinos is for the jobs. It's one of the age-old arguments - that casinos create jobs time infinity, all of which provide decent benefits. Of course, it's another age-old phenomenon that the pro-casino lobby usually lies, distorts and cheats it's way to their much ballyhooed numbers. Anyone remember those 25,000 construction jobs? Yeah, right.
Well, as the casino debate in Massachusetts shifts to Racinos this summer, it's important for everyone, including Beacon Hill, to note that the Racino Lobby is as gifted with their math as the Casino Lobby - 25,000 construction jobs being only the most laughable example. Need a refresher? Let's take a look at what George Carney, owner of the Raynham tracks, has said in the past:
Falsehood #1
"I'm sticking with 650 [jobs]."
George Carney continuously claims to employ 650 people at the Raynham Racetrack. Of course, according to the Census, the actual number is less than 250 - including part timers. Specifically, between 100 and 249. Oops.
How gross is that lie? Well, if you combine all the race tracks in this state - dog, horse, car, whatever - there's 707 employees, according to the Massachusetts Department of Labor. So, George Carney claims to employ almost as many racing-related jobs as the entire industry of Massachusetts. George, we know you're big, but not that big!
What tangled webs we weave. Let's pretend George is right - he has 650 employees. George also released documents that give definitive labor costs for the Raynham Track. Here's George's labor costs over a 9 month period in '06:
Now, if George really employs ~200 people, that number is a more reasonable $25,779. Sound about right?
Falsehood #2
"If the ban on dog racing wins approval... it could eliminate 6,000 to 8,000 jobs at the two tracks."
Right off the bat, we've deduced that Carney employs between 100 and 249 employees at Raynham. Let's be generous and round up to 250. If that's the case, the other park in question, Wonderland Racetrack, would have to employ between 5,750 to 7,750 jobs. Of course, according to Census numbers, that's laughable. Note to George: they couldn't fit that many cars in the Wonderland Parking Lot.
In 2002, Wonderland employed between 250 and 499 full time and part time employees. Of course, there's probably even less now, given recent trends at Race Tracks in Massachusetts and across the country. In fact, Wonderland even threatened that if it doesn't get its way with Racinos, it'll shut up shop and close for good. Good riddance. With hundreds of millions being invested just across the street on the beach, as well as a T station even closer, there's limitless possibilities for those acres to be used, which could bring more and better jobs for the area - industries that aren't so prone to lie, distort and cheat about their numbers.
Well, as the casino debate in Massachusetts shifts to Racinos this summer, it's important for everyone, including Beacon Hill, to note that the Racino Lobby is as gifted with their math as the Casino Lobby - 25,000 construction jobs being only the most laughable example. Need a refresher? Let's take a look at what George Carney, owner of the Raynham tracks, has said in the past:
Falsehood #1
"I'm sticking with 650 [jobs]."
George Carney continuously claims to employ 650 people at the Raynham Racetrack. Of course, according to the Census, the actual number is less than 250 - including part timers. Specifically, between 100 and 249. Oops.
How gross is that lie? Well, if you combine all the race tracks in this state - dog, horse, car, whatever - there's 707 employees, according to the Massachusetts Department of Labor. So, George Carney claims to employ almost as many racing-related jobs as the entire industry of Massachusetts. George, we know you're big, but not that big!
What tangled webs we weave. Let's pretend George is right - he has 650 employees. George also released documents that give definitive labor costs for the Raynham Track. Here's George's labor costs over a 9 month period in '06:
Taunton Dog Track, Inc. – “casual labor” $8,800
Taunton Dog Track, Inc. – “salaries and wages” $544,500
Massasoit Greyhound Association – “contract labor expense” $1,980,092
Massasoit Greyhound Association – “salaries and wages” $2,622,384
Total: $5,155,776
So, if George's claims are right and he truly employs 650 people, there's some very simple math to do. 650/5,155,776 = $7,931. Either George is paying his 650 minimum wage or less (and he claims his jobs are good jobs), or he's completely full of himself. Even George knows his math is as fuzzy as a pair of over-used tennis balls.
Now, if George really employs ~200 people, that number is a more reasonable $25,779. Sound about right?
Falsehood #2
"If the ban on dog racing wins approval... it could eliminate 6,000 to 8,000 jobs at the two tracks."
Right off the bat, we've deduced that Carney employs between 100 and 249 employees at Raynham. Let's be generous and round up to 250. If that's the case, the other park in question, Wonderland Racetrack, would have to employ between 5,750 to 7,750 jobs. Of course, according to Census numbers, that's laughable. Note to George: they couldn't fit that many cars in the Wonderland Parking Lot.
In 2002, Wonderland employed between 250 and 499 full time and part time employees. Of course, there's probably even less now, given recent trends at Race Tracks in Massachusetts and across the country. In fact, Wonderland even threatened that if it doesn't get its way with Racinos, it'll shut up shop and close for good. Good riddance. With hundreds of millions being invested just across the street on the beach, as well as a T station even closer, there's limitless possibilities for those acres to be used, which could bring more and better jobs for the area - industries that aren't so prone to lie, distort and cheat about their numbers.
Labels:
casinos,
dog tracks,
greyhounds,
jobs,
raynham park,
revere,
wonderland
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