The Ticker

Gaming panel to consider holding off casino licenses

State gambling regulators agreed yesterday to hear arguments next week and possibly rule on Boston Mayor Martin J. Walsh's request to suspend the eastern region casino license process until after the November election.

The state Gaming Commission said it will hold a public hearing on the request at Bunker Hill Community College in Charlestown on July 2. Representatives from Boston, Revere, Everett, Mohegan Sun and Wynn Resorts have been invited to present their arguments.

Wynn proposes a $1.6 billion casino in Everett. Mohegan Sun proposes a $1.3 billion casino on the Suffolk Downs horse racing track in Revere. The two gambling companies are competing for the lone casino license for the Boston-area.

Walsh has said he doesn't want to continue spending taxpayer dollars on negotiations with the companies until the fate of the state's 2011 casino law, which opened the door for Las Vegas-style gambling in the Bay State, is determined.

The state's highest court this week allowed a referendum to repeal the casino law to be placed on the November ballot.

38 Studios' law firm settles suit with R.I.

A law firm sued by Rhode Island's economic development agency over the state's failed $75 million deal with former Boston Red Sox pitcher Curt Schilling's video game company has agreed to settle for $4.4 million.

If approved by a judge, it would be the first settlement in the lawsuit, which also names Schilling and other executives of his company, 38 Studios, two former agency employees, investment banks and others.

The settlement agreement between the agency formerly known as the Economic Development Corp. and lawyer Antonio Afonso and his firm Moses Afonso Ryan was filed yesterday. Court spokesman Craig Berke said the judge will have a hearing on it July 7.

38 Studios moved to the state from Massachusetts in 2010 with the promise of a $75 million loan guarantee. It declared bankruptcy in 2012, leaving the state on the hook for as much as $100 million.

Avalon Danvers apartments sold

The DSF Group, a Waltham-based real estate investment and development firm announced that it acquired the 443-unit Avalon Danvers apartment complex in Danvers for $108.5 million. The deal represents the largest multifamily transaction in the greater Boston market this year. A major renovation will include construction of a new state-of-the-art health and fitness center, a yoga studio, virtual golf and boxing studio, movie theater and resident lounge. The property will be renamed Halstead Danvers.

Julie Kahn to head Regan Marketing

Entercom Group's former market manager, Julie Kahn, will lead a new division of Regan Communications specializing in marketing and media.

The new agency will handle everything from brand strategy and positioning to advertising, media planning and placement. "Over the past several years, we have expanded our footprint throughout the East Coast with the addition of Alchemy, Pierce-Cote Advertising and Quinn & Hary," said George K. Regan Jr. president of the communications group.

"When Julie joined the company, it was an easy decision to create this division with her at the helm." Regan said.

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