Boston Globe: City Could Net $18m Annually From Mohegan Sun

A source familiar with the negotiations between Mohegan Sun and Mayor Martin J. Walsh said the casino developer would pay at least $18 million annually to East Boston for neighborhood improvement as part of a yet-to-be-signed deal.

From The Boston Globe:

The deal, which would be the most lucrative in the state for a community that is not actually hosting a casino, could enhance the standing of the Mohegan Sun project in the fierce contest for the Greater Boston resort casino license and give the city a template to use in arbitration to try to leverage a similar agreement from a rival casino developer, Wynn Resorts. Lawyers for the city were still combing through the nearly 100-page agreement Tuesday; it had not yet been signed.

Read the full Boston Globe story here.

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