Racino Taxation Protest 

They joined representatives from the horse racing industry in circling the state house, Letting lawmakers know what they think about a proposed tax increase that has put the project in jeopardy.

Penn National Gaming stopped construction on its $131,000,000 project because lawmakers are proposing a larger cut of the gambling money, something the company says would make their racino unprofitable.

Cianbro Construction project manager John Dicentes says lawmakers are causing job layoffs and threatening business development, not only in Bangor, but throughout the entire state.

He, along with several other TV5 talked to, believe that this sets a dangerous precedent for business looking to invest in Maine in the future.

TV5 news did discover that a bill was pulled from consideration on Wednesday which would be needed for Penn National to finalize the move into their permanent building.

The bill’s sponsor, Senator Joe Perry, says Penn National asked him to take out the bill.