No casino money in Mass. Gov. Patrick's new budget

January 25, 2012 -- 4:22 PM
Wed, 2012-01-25 16:22

State budget writers are scrambling for every dime, but Gov. Deval Patrick's proposed spending plan is taking a pass on one potential pot of gold.

Patrick's proposed budget for the fiscal year that begins July 1 doesn't assume any new revenue from casinos or slots parlors.

Patrick last year signed a bill licensing a single slots parlor and up to three casinos.

Supporters say the gambling outlets could generate hundreds of millions in new taxes while creating tens of thousands of jobs.

But Massachusetts Secretary of Administration and Finance Jay Gonzalez said there's no guarantee the state will see gambling revenues during the upcoming fiscal year.

Gonzalez says there's a possibility revenues from the slots parlor could be trickling in by the fiscal year's end, but it's far from certain.