Foxwoods Snags Conditional Nod In $1B Mass. Casino Quest

Law360, New York (November 15, 2013, 7:07 PM EST) -- Despite concerns about the financial stability of a venture backed by the tribal owners of Foxwoods Resort Casino, the Massachusetts Gaming Commission on Friday gave a conditional approval to allow the company to push forward with its $1 billion bid for a gambling license.

Though granting a positive suitability determination to Crossroads Massachusetts LLC, the MGC said its approvals are conditioned on several factors, including a future review of the equity or debt financing partners that are expected to join Foxwoods MA LLC — which is...
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