Mohegan Sun is in talks with Northeast Realty about purchasing the 150 acres off Thorndike Street that it is currently leasing to realize its goal of building a resort casino there.
While legislation legalizing casino gaming is on hold in Boston, it states that any potential casino operator must own the land where a resort casino will be constructed, meaning that if the legislation passes as written, Connecticut-based Mohegan would be out of the running - unless it takes over the property from Northeast.
Two years ago, Mohegan, through its tribal gaming authority, entered into a 50-year lease with Northeast on the prime commercial property across from the Massachusetts Turnpike Exit 8. The lease carries an option to renew for another 49 years.
Source: http://www.masslive.com