Greenwood Gets Pass In Slots Bid, Despite Prior Dealings

Law360, New York (August 6, 2013, 9:04 PM EDT) -- The Massachusetts Gaming Commission gave conditional approval Monday to a license bid by Greenwood Racing Inc.'s joint venture despite concerns over the founder's prior transactions with a businessman convicted of securities fraud, allowing it to continue competing for a slots parlor license while dumping another bidder over alleged operating practices.

Raynham Park LLC, a joint venture of Greenwood Racing Inc's Parx Casino and local simulcast racing center Raynham Park, was allowed to go forward on several conditions, most notably that Greenwood Racing founder Robert W. Green...
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