To secure financial commitments and other requirements
New Bedford reaches deal with developer of Foxwoods casino
Developers vying for Massachusetts’ final resort casino license have been granted another reprieve.
2015-03-20
Reading time 30 seg
Developers vying for Massachusetts’ final resort casino license have been granted another reprieve.
The state Gaming Commission Thursday gave developers in New Bedford and Somerset until May 4 to secure financial commitments and other requirements. The deadline had been Monday of this week.
The 3-2 vote came after New Bedford Mayor Jon Mitchell and developers of a proposed $650 million waterfront casino announced an 11th hour deal on a host community agreement.
The deal with New York-based KG Urban Enterprises calls for a $4.5 million upfront payment to the city, followed by $12.5 million in annual payments once the casino opens.
The proposed casino would be run by Connecticut-based Foxwoods.
Mass Gaming and Entertainment, a subsidiary of Chicago-based Rush Street Gaming, also has proposed a casino for the Brockton fairgrounds.
Leave your comment
RELATED NEWS
Project includes gaming, hospitality facilities
Wilton Rancheria breaks ground on Sky River hotel resort development
As Russia weighs online gambling
Putin approves creation of Russia's sixth gambling zone in the Altai region
Representing a 3.5% monthly increase
AGEM Index rises 51.64 points in April despite annual decline
COMPANIES
Season-long branding placement
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
Brings more than 20 years of experience
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
New Event Content & Production Manager
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
Hundreds of jobs at risk as shops shut
William Hill owner Evoke to close 270 shops as losses widen on tax hit
NYCE Marketplace
Vor Turbo shares product overview
Sportsbook integration: Deploying betting widgets at scale
Partnership expansion
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Also authorised in New Jersey, Michigan
Flows secures Pennsylvania Gaming Control Board authorisation
Upcoming Philippines casino resort
IDX selected to power 250 gaming tables with X-Trend system at the Westside Resort
LATEST NEWS
ONLINE GAMING
LEGISLATION
SPORTS BETTING
EVENTS
Covers product, slots, and branding
Wazdan earns triple nominations at AffPapa iGaming Awards 2026 for excellence in slots and branding
European circuit expands
PokerStars adds Prague and Aix-en-Provence, France to 2026 live schedule
EVENTS CALENDAR
Highlighted
Affpapa Conference Madrid 2026
Highlighted
MAC Affiliate Conference 2026
Highlighted
SBC Summit Americas 2026
JUN 9th 26 / JUN 11th 26
Live Event Broward County Convention Center, Fort Lauderdale, Florida
Highlighted
PGS 2026
Highlighted
SBC Summit 2026
Highlighted
