Speaker DiMasi Says Slots Bill Will Fail
       In a speech yesterday to the Greater Boston Chamber of Commerce, House Speaker Sal DiMasi told more than 400 business leaders that the slot machine bill was likely to be defeated in the House. He said that it would not have been the economic bonanza that supporters are claiming.
       “To me, to be perfectly honest with you, it doesn’t appear to be this economic stimulus proposal that people suggest. I don’t think we’ll get the revenues that people think we will. It comes with a cost, a social cost as well. I’m not sure, that at this particular juncture I would put all of my eggs in the basket in making sure that we’re going to depend on gaming for revenues.”
       House leaders have been lobbying colleagues to vote against the proposal in preparation for a scheduled vote on April 5. It would allow for the licensing of up to 8,000 machines at four racetracks in the state. Even if there is a majority supporting the slots bill, Gov. Romney has promised to veto it. Most believe there are not enough votes to overcome the veto.
       The Senate approved the bill 26 to 9 last October, with proponents claiming it would save 5,000 jobs, generate $500 million for the state budget and offer Bay State residents an entertainment venue. Critics, such as Rep. Bosley (D-Adams), contend that the amount of revenue projected is inflated, and the real cost to the state is far greater than proponents are revealing. (Read Story)