Casino company agrees to buy land in Springfield

Ameristar Casinos Inc., a company that notes that the newest and most popular slot machines are a “hallmark” of its brand, said it has agreed to purchase 41 acres of land in Springfield for $16 million in anticipation of casino gaming being legalized in Massachusetts --- something that could happen imminently.

The Las Vegas-based company said its purchase agreement is with an affiliate of the O’Connell Development Group Inc., which had anticipated a large-scale retail project on the site. The closing of the purchase is expected in January.

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