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Penn National Gaming Submits Application Fees to City and State

Screen Shot 2012-10-11 at 11.37.14 AM(SPRINGFIELD, Mass.)-WGGB– Penn National Gaming announced on Friday that the company has transmitted non-refundable application fees of $250,000 to the City of Springfield and $400,000 to the Commonwealth of Massachusetts.

“As required by both the ¬†City of Springfield and Commonwealth of Massachusetts, we are pleased to have provided our application fees today,” said Tim Wilmott, President¬†of Penn National Gaming.

“We are more confident that ever that our proposal to develop a casino in the North End of Springfield is superior to any others that have been proposed in western Massachusetts.”

Penn National has submitted to the City of Springfield a proposal to develop an $807 million, comprehensive economic development project which includes a Hollywood-branded destination casino.

Penn National is working in partnership with Peter Picknelly, Chief Executive Officer of Springfield-based Peter Pan Bus Lines to construct the proposed new facility on 13.4 acres of land it controls in the North End of Springfield.

The other casino competitor in Springfield MGM resorts International has already submitted its $400,000 fee to the state.

 


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