York County Casino Proposal Moves to the Next Stage

York County Casino Proposal Moves to the Next Stage

EB-5 Visa, EB5 Visa, EB-5 Investment

Fred Bever reports on the effort to build a casino in York County.

The effort to get voter approval for a York County casino appears to be entering its next and more active stage, with a new political action committee and some experienced campaign consultants coming on board.

Under the full ballot item’s wording, a company controlled by developer Shawn Scott is the only entity that could gain a York County casino permit. Scott was the original force behind the Bangor racino, which he eventually sold to Penn National Gaming. His new gambit has been backed by a hard-to-decipher series of partners, including his sister Lisa Scott and a complex web of on and offshore investment firms.

Now a new PAC, Progress for Maine, has been registered. It’s “decision-maker” is listed as Michelle B. Wilson: She is a principal in a firm called American General Corporation, a California-based project manager whose website also details benefits of the American EB-5 program, which gives green cards to big foreign investors in U.S. projects. The PAC is chaired by Charlene Cushing, a Farmington resident and participant in the state’s harness racing industry. And the founding firm is called Atlantic & Pacific Realty Capital, which the Bangor Daily News reports has ties to Chinese businesses and EB-5 visa efforts.

The new PAC reports more than $300,000 in debt and obligations, some of that to an international campaign consulting firm called Goddard Gunster, whose principals include Dwayne Bickford, former executive director of the Maine Republican Party.

Officials at the Maine Ethics Commission earlier this year launched an investigation into the finances behind the casino ballot referendum, in response to apparent failures to follow disclosure laws. On Thursday the commission will take up Lisa Scott’s objections to records subpoenaed that they have tried to serve on her.


http://mainepublic.org/post/york-county-casino-proposal-moves-next-stage#stream/0

States

  • New York


Securities Disclaimer

This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.