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Mohegan Sun will submit Mass. casino bid

14 January 2013

The Boston Globe reports that the owners of Mohegan Sun have found a new financial backer and on Monday will apply to the state’s gambling commission to build a gambling resort in Palmer, the Connecticut casino’s top executive said Sunday.

According to the Globe, Mohegan Sun has struck a partnership with a $12 billion New York investment group, Brigade Capital Management, to bankroll the development, allowing the onetime front-runner for the sole Western Massachusetts resort casino license to join other applicants including MGM Resorts, Penn National Gaming and Hard Rock International.

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