Just how much money could a tribal gambling facility in Aquinnah hope to generate?
According to a study done for the Wampanoag Tribe of Gay Head (Aquinnah), a class II casino — essentially, an electronic bingo facility — would net more than $4.5 million per year, a document filed in federal court this week shows.
Cheryl Andrews-Maltais, chairman of the Aquinnah Wampanoag Gaming Corp., said the projections came from a marketing study that looked at the viability of a Class II gambling facility on tribal land. Details about the projections and the firm that compiled them have not been made public at the request of the tribe, which claims the information is proprietary.
But the study projects tribal governmental net revenue of $4.54 million in the first year of operation, $4.73 million in the second year and $4.93 million in the third, Mrs. Andrews-Maltais said in the court filing. On average, the gambling operation could provide net revenue of about $395,000 per month, she said.
Information about the Aquinnah facility’s target patrons and what could they expect to find at a class II facility was not provided in the court documents. But a former University of Massachusetts-Dartmouth professor who has studied the gambling landscape in New England says the tribe probably could not expect many day-trippers, patrons visiting for the day to gamble, given the casino’s proposed location at the far western end of the Vineyard.