Casino developers propose a revenue-sharing idea for Holyoke and surrounding communities.
Paper City Development Company, LLC, who is looking to build a casino at the Wyckoff Country Club located in Holyoke, is proposing a revenue-sharing agreement guaranteeing Holyoke and surrounding communities a portion of its net revenue.
According to the proposal, the net revenue would be shared with Holyoke, Chicopee, Westfield, Northampton, West Springfield, Easthampton, Southampton, South Hadley and Hadley. Holyoke, the host community, would receive 1.25 percent while the other communities would split another 1.25 percent, based on population.
Here is what some of our readers had to say about the revenue-sharing proposal:
Hiffle says: Holyoke would very much have to consider what their net would look like after all the road improvements, accommodations, tax abatements, police expansion, and other "development" goodies that will inevitably end up being part of this gambit. Chicopee might make out better!
bkatu9 says: this route is part of my daily commute to/from work.....traffic gets backed up now as it is, up onto I-91....I can only imagine what a nightmare it could be with a casino packed into that tight little space (between 141 and 91).....argh! Not a good choice, is my feeling. And while I'm TOTALLY against casinos AT ALL in our state, if it's going to 'be,' again this is not the right location!!
YankeesH8r says: I say go up half a mile on 91 and put a casino up at Mt. Park/Mt.Tom/Holyoke Country Club. Mt. Park can house the casino/entertainment/restaurants. Mt. Tom can reopen as a ski resort/summer park and you can expand HCC from a 9 hole course to 18. The reopened ski resort would pull in folks that were planning on driving to VT but now can stop in Holyoke, enjoy the resort, shop at the Mall etc. Your leafpeepers would stop in every fall on the way to VT. All the upstate NYers that don't feel like driving out to Verona would be able to stop in Holyoke instead.
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