Three slots hopefuls pitch plans to gaming panel

Written By Unknown on Selasa, 08 Oktober 2013 | 18.38

The three companies competing for the state's sole slots parlor license each claimed yesterday that they had the best location, the widest support and the most to offer the host community and state.

"We're going to have a tough choice," Stephen Crosby, chairman of the state gaming commission, said after listening to pitches from the Cordish Companies, Penn National Gaming and Raynham Park, each of which have proposed 1,250 slots.

Joe Weinberg, president of the Cordish Companies, said his firm's proposed Leominster slots parlor would be the only gaming facility in north central Massachusetts. The project would create 600 permanent jobs and 600 construction jobs and would provide up to $1.5 million a year to help startup medical device firms through a partnership with the University of Massachusetts.

Penn National Gaming, meanwhile, has secured an option to buy Plainridge Racecourse for its slots parlor, which would preserve the harness track and the 124 jobs there and create 1,000 construction jobs and 500 permanent positions.

Raynham Park owner George Carney proposed a slots parlor at the former greyhound track in Raynham and has applied for limited harness racing at the old Brockton fairgrounds as a "safety net" for harness racing if he won the slots parlor license and Plainridge closed. The Raynham slots parlor could open the soonest of the three proposed, generating $400 million in economic output and $138 million in tax revenue for the state, said his partner, Tony Ricci, CEO of Greenwood Racing.

The commission expects to award the slots-only license by early January.


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