Massachusetts Gaming Commission Approves Sale Of Suffolk Downs

The Massachusetts Gaming Commission unanimously approved the sale of Suffolk Downs to a real estate development company Thursday.

The Boston Globe reports that the two companies – Sterling Suffolk Racecourse and HYM Investment Group – have set April 27 as the closing date.

Sterling Suffolk Racecourse plans to lease the racetrack and barn area for $20,000 per month through the rest of 2017.  The group also plans to continue to conduct live racing and simulcasting through the end of 2018.

Read more in the Boston Globe

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