Foxwoods boston globe

He still gambles sometimes, with cash, hoping to win his way out of a very deep hole. The simplest way for a casino to minimize unpaid gambling debts is to be very conservative with credit, said Anthony Ricci, chief executive of the company that owns Parx Casino, in Pennsylvania, and a partner in a slot parlor proposal at Raynham Park. Snowden reviewed the histories of five busy Penn casinos that issue credit and said he could find only one instance in which the company employed a property lien for delinquent gambling debt.

Bell recalled Cutler as a friendly bachelor, who did not talk about the trouble he was in with the casinos and may even have misled people about it. Liens, which accrue 12 percent interest a year, cloud the title to a piece of real estate, meaning the home cannot be sold or refinanced unless the debt is paid off.

In certain circumstances, creditors can force the auction of the property to satisfy the debt. The casinos were the only creditors Cutler listed in his bankruptcy filing.

The court record catalogued his slim financial holdings. Cutler died three years later, at Mark Arsenault can be reached at mark. As opponents celebrated, the group Casino-Free Milford credited a low-budget ground campaign that overcame an overwhelming spending advantage by Foxwoods and its partners. With Foxwoods eliminated, the field of competitors for the sole Greater Boston resort casino license is down to a Wynn Resorts proposal in Everett and possibly a Suffolk Downs plan in Revere, as the racetrack hastily works to get around a Nov.

The competition for the sole Western Massachusetts resort license has also been ravaged by voters, leaving just MGM Resorts standing in Springfield.

Wynn and MGM are still awaiting the results of state background checks and are refining their proposals ahead of a year-end deadline to submit all remaining plans and documents for their applications. The state gambling commission is currently reviewing the applications. The commission hopes to award the slot license as soon as January and the resort casino licenses in April.

The Milford vote extended a losing streak for big casino projects, which includes the Suffolk Downs defeat in East Boston. We knew that was a stretch goal, but we felt like we needed everyone to stay focused and pushing towards that in order to get this off the ground sooner rather than later. Connecticut became the 15th state in which Boston-based DraftKings has an online betting presence. Retail betting began at Mohegan Sun and Foxwoods in late September.

The lottery will be able to operate 15 other retail sports betting sites. Betting on Connecticut college sports teams will be legal only for tournaments. Online gaming, which, like sports betting, has to be approved by a state legislature, is on a much slower track nationwide than sports betting.