Walsh Set to Announce New Casino Agreement, Sources Say

4/28/2014 - Boston, MA - Boston City Hall - Boston Mayor Martin Walsh and members of his staff made cold calls to employers on Monday, April 28, 2014, asking them to hire youth this summer. Walsh is trying to make good on a promise he made earlier this year to employ more young people in the private sector than his predecessor, Tom Menino. Item: 29teens. Dina Rudick/Globe Staff.
Boston Mayor Martin Walsh is pictured.
The Boston Globe

Update, 3:55 p.m.: Boston Mayor Marty Walsh did not announce a mitigation agreement with a casino company on Thursday afternoon, as he was reportedly expected to do.

Instead, he asked the state Gaming Commission to postpone its decision on a casino license for the Boston area until the state holds a referendum on the casino law this November.

Original article: Boston Mayor Marty Walsh is continuing to look at possibly bringing a casino resort to areas along the city’s perimeter. He is expected to make a formal announcement regarding the situation on Thursday afternoon, according to a report.

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The Boston Herald reported:

Mayor Martin J. Walsh will announce a mitigation agreement with one of the casino companies looking to build gaming palaces on Boston’s borders at a 3 p.m. press conference today, sources told the Herald.

The city and Mohegan Sun agreed to keep negotiating through Friday. Mohegan Sun has proposed a $1.3 billion casino in Revere, while Wynn Resorts proposed a $1.6 billion casino in Everett.

Last week, the Massachusetts Gaming Commission today agreed to award the state’s first full casino license to MGM Resorts, which intends to build a gaming, shopping, and entertainment resort in Springfield.