GAMING COMMISSION APPROVES SUFFOLK DOWNS SALE
By Colin A. Young
STATE HOUSE NEWS SERVICE
BOSTON, MARCH 30, 2017.....The Massachusetts Gaming Commission gave its approval Thursday to the sale of the Suffolk Downs horse track in Revere and East Boston, the state's only Thoroughbred race track, though the current owner has pledged to continue racing at least through next year.
The Gaming Commission unanimously approved the sale of the 161-acre property from Sterling Suffolk Racecourse, LLC to the McClellan Highway Development Company, LCC, managed by an affiliate of Boston-based The HYM Investment Group. The transaction is expected to close on April 27, representatives of the seller said, and the sale price will not be disclosed until then.
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