Suffolk Downs announces $40 million upgrade for casino

(FILE PHOTO) Oxbow with jockey Gary Stevens in the irons takes first place at the 138th running of the Preakness Stakes at Pimlico Race Course in Baltimore, Maryland Credit: Reuters
(FILE PHOTO) Oxbow with jockey Gary Stevens in the irons takes first place at the 138th running of the Preakness Stakes at Pimlico Race Course in Baltimore, Maryland
Credit: Reuters

Suffolk Downs plans to unveil a $40 million racing improvement plan that will include renovations, viewing area enhancements, technology upgrades, dormitory construction and resurfaced racing areas, the track announced today.

The plan is part of the track’s proposal to develop a $1 billion casino resort at the historic 78-year-old racetrack.

According to Spokesman Christian Teja, details of the investment project will be released Thursday at Indian Rock Stables, a thoroughbred breeding farm located in Saugus. Suffolk Downs said today that a new study of Massachusetts’ thoroughbred industry found that the industry would see a 57 percent increase should the track earn a gaming license.

The industry currently generates 1,486 jobs and includes 133 farms and more than 6,000 acres of open space, according to Teja.

Follow Morgan Rousseau on Twitter: @MetroMorgan
Follow Metro Boston on Twitter: @MetroBOS


News
Entertainment
Sports
Lifestyle
National

New statue of Penn State's Paterno set for…

By David DeKokHARRISBURG, Pennsylvania (Reuters) - Fundraising for a new statue depicting Joe Paterno "as the man he was and not Joe the football coach"…

Local

Future Boston Alliance invites you to #RidetheLine, support…

#RidetheLine aims to show the city, the nation, and the globe our creative impact as Boston citizens.

Local

(Update) Body of missing BU grad Eric Munsell…

The dead man pulled from the water at Boston's Long Wharf Wednesday afternoon was that of missing 24-year-old Boston University alumnus Eric Munsell, Boston Police said today.

National

On newly released tape, 'Squeaky' Fromme says was…

Manson Family member Squeaky Fromme told a mental health examiner in newly released interview the "X" she carved in her forehead was meant to separate her from "the system."

Music

Championship of Collegiate a Cappella: Students who are…

Tickets to this Saturday’s International Championship of Collegiate a Cappella reportedly sold out within 11 hours of going on sale.

Music

M.I.A. talks 'Matangi,' divinity, spontaneity and holograms

"There’s pressure for me to become a theatrical production like 'Glee,' or something" says M.I.A., "It’s like, 'the pressure’s on, bitches.'"

Movies

Tribeca: 'Goodbye to All That' star Paul Schneider…

Paul Schneider talks about his new film "Goodbye to All That," not acting too much and how he'd rather indulge in simple pleasures than play the scene.

The Word

Taylor Swift battles paparazzi daily at Tribeca penthouse

We're entranced by these photos of poor Taylor Swift leaving her Tribeca apartment.

NHL

NHL video highlights: Bruins edge Red Wings in…

NHL video highlights: Bruins edge Red Wings in overtime of Game 4

MLB

MLB video highlights: Yankees rout Red Sox, 14-5

Felix Doubront struggles for second time in five starts

NBA

Jason Collins named to Time's 100 Most Influential…

Jason Collins was named to the list after coming out as the first openly gay player to appear in an NBA game.

NFL

2014 NFL Mock Draft: Updated, new April 24…

2014 NFL Mock Draft: Updated, new April 24 version

Parenting

New study: Inside the wage gap between boys…

According to a new study, there's a wage gap between boys and girls, with boys earning more allowance for less chores.

Tech

From Apple TV to Fire TV, big changes…

Apple is set to launch a new generation of it's Apple TV, which grossed over $1 billion in 2013. But competition from Amazon and Google looms.

Style

Katy Perry releases a new Claire’s collection

Katy Perry expands her empire by releasing an accessories collection at Claire's.

Style

MAC & Proenza Schouler collection unveiled

MAC Cosmetics is releasing a new collection with Proenza Schouler.