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NEW BEDFORD — The proposal for a $500 million casino on New. did not have “any reasonable hope of making a deal with the mayor.
The proposal for a $500 million casino on New Bedford's waterfront is all but dead, as former NBA Commissioner David Stern told The ...
KG Urban Enterprises says its proposed casino deal in New Bedford is all but dead. Former NBA Commissioner David Stern, representing KG ...

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Taunton Casino Plan Appears Dead September 7, 2018 - A federal judge has stopped the U.S.. 03.19.2015 Proposed New Bedford casino Strikes Deal
NEW BEDFORD — The proposal for a $500 million casino on New. did not have “any reasonable hope of making a deal with the mayor.
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Mary Ann (Staron) Lambalot, 86 of New Bedford died on June 9, 2017 at. or in line for the bus trip to the casino, and always with a muffin for their snack.. Emile, may my wife and I offer our sincerest sympathies for your lost.
The proposal to build a $650 million casino on the New Bedford waterfront is dead, the victim of a lack of financing, according to a letter.

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new bedford casino deal dead KG Urban given 12 more days to act Mashpee New bedford casino deal dead tribe is seeking federal approval for a casino in the same region EDITOR'S NOTE: The other two regions have one "Table Casino", but Region "C" which includes Cape Cod may end up with two if the local Native American tribe gets permission of the Bureau of Indian Affairs to buy their proposed site in Taunton.
Region "A" will also have two since it is where the in Plainville Norfolk County is already located and will open on June 24.
See map larger below.
Frustrated state gambling regulators on Thursday granted the developer behind a proposed New Bedford casino 12 extra days new bedford casino deal dead provide a signed financing agreement for the project.
After a tense exchange with representatives for new bedford casino deal dead developer, KG Urban, the Massachusetts Gaming Commission unanimously voted to set a deadline of June 9 at 5 p.
A finalized term sheet, which would lay out how the groups would own and share the benefits and obligations of the project, would allow the commission's investigation and enforcement bureau to proceed with an extensive background check.
Before the casino directions commerce vote, KG Urban managing director and principal Andrew Https://veronsmeatmarket.com/casino/silver-strike-casino-coin-values.html said the developer has provided two drafts of the term sheet to the commission and he believed they were "pretty close" to a financing agreement.
Gaming Commissioner Enrique Zuniga responded, That's what you told us two weeks ago.
Stern responded, "I said we had work to do, I said we were going to roll up our sleeves.
New Bedford is vying for the resort casino license set aside for southeastern Massachusetts, also known as "Region C.
Another group is pushing to build a casino in Brockton in the same click to see more />Voters in Brockton approved the casino proposal through a referendum on May 12.
Mashpee Wampanoag Tribe still waiting for Federal approval The "Region C" sweepstakes have been fraught with uncertainty, as the possibility of a tribal casino opening in the same region still looms.
The Mashpee Wampanoag tribe is seeking federal approval.
Commissioners have granted numerous extensions during the process, saying that competition for a casino license is a top priority for them.
Gaming Commission chair Stephen Crosby said, New bedford casino deal dead think the best way to get the best deal for the Commonwealth in terms of revenue, jobs, economic development and so forth, is to have a competitive situation.
That has been sort of a guiding principle.
We had been flexible with many of our applicants in all four licenses to try to maximize the possibility of competition.
So it would be good if we can have more than one.
If we only have one, we'll deal with one.
Commissioner wants "drop-dead" date But Commissioner James McHugh, who expressed surprise that KG Urban's financing deal still hadn't been struck, said the situation has the "potential to go on forever," adding that the commission needed to set a "drop-dead date.
Stern added, There is no sticking point.
There are no sticking points and there's no hold-up.
Making new bedford casino deal dead deal at this level just takes a little bit of time.
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Bandsintown | Upcoming Events Next Month in New Bedford, MA New bedford casino deal dead

Developers of a planned Foxwoods casino for the New Bedford waterfront. as KG Urban signed a deal with Foxwoods to operate the casino, ...
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