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BOSTON (AP) — The developers of a planned Foxwoods casino for the New Bedford waterfront are backing out of the competition for the state’s final resort casino license.
In a letter to the Massachusetts Gaming sent Wednesday, KG Urban Enterprises executive Barry Gosin said the New York-based firm is withdrawing from the casino competition because it has been unable to pull together financing for the proposed $650 million hotel, casino and conference center project.
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