Mass Gaming & Entertainment LLC, which is seeking a gaming license in the Bay State, said today it has selected a site owned by Wyman-Gordon in Worcester as the location for its proposed slots parlor.
The proposed site is a 14-acre parcel on Madison Street in Worcester, extending from the Canal District to the Green Island neighborhood. The parcel is currently under option to Carpenter Worcester Associates, an affiliate of Cambridge-based hotel developer Carpenter & Co., officials said.
"We have spent more than a year looking for the right location and we believe the Worcester site is by far the best location in the state for our new gaming facility," said MGE Chairman Neil Bluhm, a Chicago-based real estate and casino magnate. "We are confident that our plan will create a significant economic development for Worcester and we look forward to working closely with the city in bringing this project to reality."
Wyman-Gordon is an industrial company that creates complex metal products for the marine, aerospace, power and construction industries and is now owned by Precision Castparts Corp. of Portland, Ore. Wyman-Gordon continues to operate other facilities in Worcester, officials said.
The plan also calls for a full-service hotel to be built in downtown Worcester, officials said, adding further details will be unveiled in the coming weeks.
Bluhm's firm is one of four vying for the Bay State's sole license for a slots parlor, which would likely be able to open before the state's resort casinos could be up and running.
There are currently seven companies vying for two commercial casino licenses — three in Boston and four in the Springfield area. Those licenses are expected to be issued in early 2014.
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