Brand New Bedford Casino Developer Meets Latest Application Deadline

rx onlinen, which is behind the project for a $650-million casino in the Brand New Bedford waterfront, announced on Tuesday that it had met the application deadline extension that is latest and had filed the mandatory economic terms sheet.

Andrew Paven, a spokesman for the business, composed in a declaration that KG Urban had inked an agreement with Gaming and Leisure characteristics Inc. (GLPI), a pennsylvania-based estate investment trust that is real. The term that is signed involving the two entities had been submitted towards the Massachusetts Gaming Commission at 2 pm on Tuesday.

GLPI is to back financially KG Urban’s project for the establishment of a resort and casino center in the New Bedford waterfront. The $650-million property is to be on the web site of a NSTAR power plant that is former.

The Massachusetts Gaming Commission has extended the applying deadline four times over the past five months. On Tuesday, Elaine Driscoll, a spokeswoman for the regulator, confirmed that it had received the mandatory paperwork. The definition of sheet is currently being analyzed by the payment’s Investigations and Enforcement Bureau.

The Bureau can also be likely to offer overall information on the licensing process for Southeastern Massachusetts or Region C, because it is generally referred to, throughout the state regulator’s next general public meeting, which is to take place on Thursday, June 11.

The deal with GLPI is yet another hurdle KG Urban was able to overcome. Nonetheless, the business now has to finish certain application materials and also to file those late this summer time or early in the autumn. Additionally, a vote that is citywide to happen on June 23 and also the task has to be supported by brand New Bedford residents to be completed.

Jon Mitchell, Mayor of New Bedford, commented regarding the latest notices as being a good action for the multimillion endeavor. The state also promised that he will support KG Urban to enable the casino and hotel property become launched.

A few public forums are held in brand New Bedford within the months ahead of the citywide vote. Hence, residents are provided the opportunity to sound their opinion on the casino proposal.

KG Urban competes with Mass Gaming & Entertainment for the Region C casino that is only permit. The company that is latter the construction of a $650-million casino resort on the Brockton Fairgrounds. Residents of this town had the opportunity to vote regarding the task on May 12 and approved it narrowly.

Apart from a casino in Southeastern Massachusetts, the Massachusetts Gaming Commission granted two more casino licenses plus one for the operation of a slot parlor.

MGM Resorts is building a $800-million casino and hotel in Springfield, which is likely to open doorways sometime in 2017. In addition, Wynn Resorts is in charge of a $1 project into the Boston area. Wynn Everett, too, is anticipated to welcome its visitors that are first 2017.

Plainridge Park Casino in Plainville, the state’s only slot parlor, is to have its formal opening on June 24. The home will feature 1,250 slot machines, with a few of those providing multiplayer games.

The state Gaming Commission is anticipated to announce its choice on which for the two tasks for a casino in Southeastern Massachusetts will sometime be backed this fall.

NetEnt Signs First United States Deal with and Borgata

Swedish online gaming solutions provider NetEnt announced that it had finalized the first US contract for the supply of its multichannel casino games to nj-new Jersey’s and Borgata brands.

At present, runs New Jersey’s gaming platform, giving support to the Borgata Poker and Casino and the PartyPoker brands.

As formerly established, NetEnt had requested a short-term gaming license from the New Jersey Division of Gaming Enforcement, to become able to provide its content regarding the territory associated with state. The gaming regulator happens to be reviewing the applying and it is expected to announce whether the online casino supplier will receive an operating license that is full.

The Managing Director of NetEnt Americas LLC, Björn Krantz, commented that they’re extremely pleased that and Borgata have chosen their multichannel desktop and products that are mobile. Mr. Krantz additionally remarked that NetEnt will likely be completely able to offer the two operators within their technique to provide customers with the best feasible experience.

Since the professional himself noted, the three parties are now subject to an approval through the state gaming regulator and so are working together to effectively incorporate NetEnt’s content and launch it as part of the above-mentioned gaming platform.

Jeffrey Haas, Group Director and Director of Poker at, commented it is their top priority to deliver perfect products for their New Jersey customers. In accordance with him, the integration of NetEnt content is yet another step towards meeting this goal.

Steve Nathan, Vice President of advertising for Borgata, stated which they plumped for NetEnt’s products, as they certainly were impressed by the provider’s performance on the European regulated areas. Mr. Nathan also included that they’re anticipating releasing the very first group of multichannel casino games and therefore, providing unique gaming experience to their customers.

The agreement with and Borgata was not alone the Swedish company has inked considering that the start of 2015. In March, NetEnt announced Spanish gambling operator Codere to its partnership.

In April, the gaming provider was awarded both running and software licenses by great britain Gambling Commission. Also, NetEnt finalized a partnership deal with Danish gaming that is government-owned Danske Spil. And week that is last an amount of NetEnt’s on-line casino games went live in Spain with operators such as 888, Paf and Premiere Megaplex, because the nation’s Directorate General for the Regulation of Gambling granted the company two gaming licenses.