Peter Pan Joins List of Potential Casino Investors in Mass.
Peter Pan is entering the world of casino gambling. That is if the state of Massachusetts picks the group for one of their three proposed casino licenses. many investors have thrown their name into the mix for the licenses.
Peter Pan Bus Company's president has decided that going in partners with an investor for one of the new casino licenses would be beneficial to his company. Peter Picknelly will team with Leon Dragone and the Mohegan Indian Tribe, to try and bring a casino to Massachusetts.
The plan from the investment partners is to build a casino in Palmer, a town in western Massachusetts. Part of the plan for Picknelly would be to supply transportation to and from the new casino through his bus company.
The company already runs buses in Connecticut, Montreal, and Atlantic City. So the group is not new to the casino game. Picknelly has not revealed what his financial commitment to the project will be, but there is little doubt he is doing it to increase business for his bus company.
Northeast Realty, which is owned by Dragone, also has land on the New Bedford waterfront. The thirty five acre site is not yet a projected site for the proposed casino.
