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Tuesday, December 11, 2012

Ssshhh! Secret Slot Barn in Milford


We can offer some educated guesses about who the 'unidentified developer' might be when David Nunes has been less than forthcoming about his plans ......




Unidentified casino developer makes overtures for Milford slot parlor
By Boston Business Journal
on December 10, 2012

By THOMAS GRILLO

Plainridge Racecourse, the Plainville racetrack that is the sole candidate so far to pony up the $400,000 filing fee for the state’s only slot machine parlor license, could have some competition.

A Boston attorney has sent a letter to Milford’s town administrator seeking a meeting to discuss his unidentified client’s interest in developing a slots parlor in the community.

“We would very much be interested in meeting with you to discuss my client’s background/history in gaming throughout North America and beyond, and what a slot parlor would mean to Milford, ” Walter J. Sullivan, of the Boston law firm Preti Flaherty Beliveua & Pachios, wrote to Milford officials. Sullivan also notes that his client is interested first in determining if the town is interested in a slot machine parlor and where town officials would like to see it built. The letter did not identify the developer.

Louis Celozzi, Milford’s administrator, said the town has an exclusivity agreement until Dec. 31 with David Nunes, the Colorado-based developer who has proposed a casino in Milford. At last night’s board meeting, the selectmen recommended that Sullivan’s client get pre-approved by the state and once that is done, the city would consider the concept.

“If Mr. Nunes fails to make an application to the state for a resort casino gambling license, then anyone is welcome to bring in another proposal,” Celozzi said. “The board hasn’t seen anything from an unidentified developer with an unidentified site. Right now, there are too many questions.”

Nunes recently said he is reworking his casino plan for a site off Interstate 495 with a new partner he declined to name. The resort-style casino will cost up to $1 billion, he said, bigger than his original $800 million proposal, dubbed “Crossroads,” that was unveiled in 2009.

But Nunes has not submitted the $400,000 filing fee to the Massachusetts Gaming Commission or filed a letter of intent.

So far, Plainridge, the state’s only harness race track, has said it intends to bid for the one slot parlor license allowed under the state’s expanded gambling law. If successful, Plainridge would renovate and expand its existing facility, including the addition of more than 11,500 square feet of restaurant and bar space. Plainridge has paid the commission’s required $400,000 application fee.

Sullivan did not return multiple calls seeking comment. Gary Piontkowski, the Plainridge Racecourse owner, could not immediatley be reached for comment.

http://www.masslive.com/business-news/index.ssf/2012/12/unidentified_casino_developer_makes_over.html

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