MILFORD, Mass. – A Milford casino is still on the table after an 11th-hour application and $400,000 non-refundable fee was submitted Tuesday to the Massachusetts Gaming Commission.
Crossroads Massachusetts in Milford, proposed by Colorado developer David Nunes, was one of 11 casino/slot parlor applications sent to the state by 5 p.m. Jan. 15. There were seven applications before Tuesday, but four proposals, including the Milford casino, arrived at the last minute.
The gaming commission did not release the site-specific plans for the Milford proposal, but, in the past, Nunes has discussed a casino along Interstate 495 in town. His past plans called for an $850 million casino, hotel and retail complex, which included a 176,000-square-foot gambling floor, a 350-room hotel, and 60,000 square feet of retail shops and restaurant space.
Nunes will be competing against two Boston-area casino proposals from major industry figures: Suffolk Downs and its partner Caesars Entertainment, and Steve Wynn, who has proposed an Everett resort.
This Phase 1 application is the first part of a two-phase application process toward the award of an expanded gaming license. In October 2012, the Massachusetts Gaming Commission released the first application, providing gaming applicants 90 days to complete proposals and pay a non-refundable $400,000 application fee.
Now, there will be background investigations of the applicants, which is “designed to determine an applicant’s suitability in matters related to finance and integrity,” according to the commission.
In addition, the Massachusetts Gaming Commission has begun planning the regulations for the Phase 2 process, which will “focus on an applicant’s site-specific plan.” Phase 2 regulations are expected to be released this summer.
The commission anticipates that the first resort-casino license will be awarded about February 2014.