Officials Bash New $1B Suffolk Downs Casino Proposal

Law360, New York (November 22, 2013, 7:53 PM EST) -- Massachusetts gaming authorities said during a Thursday hearing that additional legal review is needed before they can approve a proposal to move Suffolk Downs racetrack owners' $1 billion project outside Boston after hearing statements from several local and state officials who called it an unfair skirting of the state's gambling law.

The Massachusetts Gaming Commission indicated that further analysis is needed before commissioners can take a position on the Suffolk Downs proposal, according to a statement. Since East Boston voters earlier this month rejected a plan...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.