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Massachusetts Gaming Commission announces application deadlines for casino license in Southeastern Mass.24 November 2014(PRESS RELEASE) -- The Massachusetts Gaming Commission (MGC) has announced that the first application (RFA-1) in a two-phase application process toward the award of a Category 1 (resort-casino) license in Southeastern Massachusetts (Region C) is due on January 30, 2015. The second application (RFA-2) will be due on May 26, 2015. Interested entities can locate the RFA-1 application and instructions here at MassGaming.com. In an effort to expedite licensing, MGC developed a bifurcated process, RFA-1 and RFA-2, to first allow for the determination of background qualifications and suitability of applicants for Category 1 (casino) and Category 2 (slot machine) gaming licenses in advance of the review of an applicant’s entire or ‘site specific’ application. An applicant cannot submit an RFA-2 application until it has successfully completed the RFA-1 application and has also been deemed ‘suitable’ by the Commission after an exhaustive background investigation. Potential applicants interested in applying for a Category 1 license in Region C are encouraged to contact the Commission, specifically the Investigations and Enforcement Bureau, to schedule a meeting to determine which entities and individuals are required to qualify in the RFA-1 application phase. At these meetings the Commission will review the information outlining the applicant’s intended ownership and governance structure in order to determine the qualifiers. Interested applicants must schedule a scoping meeting with the Commission at least two weeks prior to the RFA-1 application deadline. No later than one week prior to the scoping meeting, the applicant must provide the Commission with (a) a list of entities and individuals that the applicant believes are qualifiers under 205 CMR 116.02, (b) a list of entities having more than a nominal ability to exert control over the applicant entity, (c) a list of entities owning greater than a 5% interest, either voting or financial, in the applicant or in an entity owning a 5% interest, either voting or financial, in the applicant, (d) an organizational chart showing upper level positions held by individuals in each entity noted above, (e) an ownership chart showing the owners of each entity noted above (for public companies only show ownership greater than 5%), and (f) a list of entities and individuals for which the applicant is requesting waiver under 205 CMR 116.03 and the reasons for the request. MGC anticipates awarding the Region C resort-casino license in Fall 2015. |