KG Urban Enterprises has cleared major hurdle
Foxwoods would operate proposed New Bedford casino
The business group proposing to build a USD 500M casino on the New Bedford waterfront has reached an agreement for Foxwoods Resorts to operate the gambling facility, if one is approved and built there.
2015-03-06
Reading time 28 seg
The business group proposing to build a USD 500M casino on the New Bedford waterfront has reached an agreement for Foxwoods Resorts to operate the gambling facility, if one is approved and built there.
The agreement means that KG Urban Enterprises, a New York-based development company, has cleared a major hurdle it faced before a March 16 deadline by identifying its expected casino operator.
But even as KG Urban gained Foxwoods’ commitment as an operator, its relationship with New Bedford Mayor Jon Mitchell appeared to deteriorate.
Late Thursday afternoon, Andrew Paven, a KG Urban spokesman, said KG Urban may abandon its plans after Mitchell demanded that it redesign its proposed casino site as well as make other concessions.
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