Saturday December 1, 2012

BOSTON (AP) -- Ameri star Casinos announced Friday it is ending its bid to develop a $900 million resort casino on a former industrial site in Springfield, leaving just two companies to compete in the city.

Las Vegas-based Ameri star, which in January completed a $16 million purchase of a 40-acre former industrial site, said while it still considers its casino proposal superior to others in the region, it did not believe the likelihood of winning the sole western Massachusetts casino license was strong enough to continue its pursuit.

"This was a difficult decision that will unfortunately result in us not being able to bring a world-class casino entertainment facility to western Massachusetts," Gordon Kanofsky, the company’s chief executive, said in a statement.

MGM Resorts Inter national and Penn National Gaming also have proposed resort casinos in the city.


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