Ameristar Buys $16M Site With Eye On Mass. Casino Permit

Law360, New York (November 16, 2011, 4:33 PM EST) -- As Massachusetts moves closer to legalizing casinos, Ameristar Casinos Inc. has bought 41 acres in Springfield for $16 million with plans to build a luxury hotel and casino, the company announced Wednesday.

Ameristar said it plans to apply for one of three statewide casino licenses that will be available under a bill approved by the state legislature Tuesday. Gov. Deval Patrick is expected to sign the bill this week.

“This is a great opportunity for Ameristar to build on a one-of-a-kind site within the city limits...
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