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Saturday, August 11, 2012

Suffolk, Plainridge put down $400G fee



Two take ticket on gambling palaces

Suffolk, Plainridge put down $400G fee

By Dave Wedge
Saturday, August 11, 2012
 
 
Two of the state’s racetracks have officially taken the first step toward realizing their dreams of a gleaming gambling palace while a third revealed preliminary plans for a massive entertainment/retail complex that would be tied to a slot parlor.

Suffolk Downs in East Boston and Plainridge Racecourse in Plainville each cut checks for $400,000 to the Massachusetts Gaming Commission and filed letters of intent saying they plan to formally apply for a gaming license. Suffolk will be seeking a full casino license while Plainridge is going for the state’s sole slot machine permit, gaming commission spokeswoman Elaine Driscoll said.

“We begin this formal part of earning a license to develop a world-class destination resort at our 77-year-old racetrack with great enthusiasm and with the understanding that our project must set the standard for gaming development in Massachusetts,” said Suffolk Downs owner Richard Fields.


Plainridge president Gary Piontkowski told The Sun Chronicle of Attleboro: “We believe we have the single best location in the commonwealth to support a premier facility ... We are fully financed and eager to begin the process of job creation for the town of Plainville and the commonwealth.”




And surely the most obnoxious developer blasting within 200 feet of neighbors and failing to address concerns.




It can't be that bad though because the Plainville Pickles endorsed it after all.


Raynham-Taunton Park owner George Carney, meanwhile, said he too will be seeking a slots license but is “in no rush” to file his letter of intent.

“We have plenty of time to file,” Carney said. “I’ll file at the appropriate time and I’ll pay my $400,000 like everyone else.”

Developers have until October to submit an initial letter of intent but the actual criteria and conditions that must be met by casino license applicants has yet to be finalized by the gaming board.

Carney said he’s moving forward with plans for a huge retail/entertainment development at the 130-acre racetrack, which is located on Route 138 in Raynham. Carney said a slot parlor would anchor the proposed development, which would include a hotel, movie theater, bowling alley and retail stores.

A new commuter rail station at the track is also planned, along with a strip mall. Carney, who has owned the century-old former dog track for decades, said he’s confident his site will land the coveted slot license.

“We’re going to have an entertainment complex that will be second to none,” he said, “and we have the location to do it.”

http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061152371&srvc=rss

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