Three developers to compete for Mass. slots-parlor license
PBN FILE PHOTO/STEPHANIE EWENS
TWIN RIVER CASINO, the largest slots parlor in Rhode Island, will face direct competition from the winner of Massachusetts' sole slots parlor license. Raynham Park, PPE Casino Resorts and Penn National Gaming -- the three developers vying for the license -- will present before the Massachusetts Gaming Commission on Monday.
BOSTON – Three casino developers competing for Massachusetts’ sole slots-parlor license will each deliver a 90-minute presentation to the Massachusetts Gaming Commission on Monday, the Taunton Gazette reported.
Raynham Park, PPE Casino Resorts and Penn National Gaming submitted their final applications before Friday’s deadline, and must now pitch their proposals to the gaming commission. PPE is scheduled to present at 10 a.m. on Monday, followed by Penn National at 12:30 p.m. and Raynham Park at 2:30 p.m.
The winner of the Massachusetts slots license will directly compete with Rhode Island’s Twin River slots parlor, where half the patrons are Massachusetts residents.
Raynham Park owner George Carney and Pennsylvania-based Greenwood Racing plan to build a $230 million slots parlor at the former greyhound track on Route 138 in Raynham. According to the Gazette report, the project gained 86 percent approval in a townwide referendum.
PPE, an affiliate of the Baltimore-based Cordish Cos., won local support for its plans to build a $200 million slots parlor in Leominster, Mass., with 62 percent approval.
The Massachusetts Gaming Commission expects to award the slots license by December or January, the Gazette reported.
The commission also announced Friday that it has set an extended deadline of Oct. 31 for cities and towns to submit petitions to be recognized as a “surrounding communities,” which would make them eligible to seek mitigation payments from developers to offset the infrastructure impact of a slots parlor or casino.
PBN is now accepting applications for its newest award program and event for RI & Bristol County to celebrate the Manufacturing Renaissance that is evolving regionally and across the country. The deadline for applications is March 20th.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.