Penn National Gaming announced Friday that it has paid the required application fees of $250,000 to the City of Springfield and $400,000 to the Commonwealth of Massachusetts.
Penn National has proposed an approximately $807 million casino project for the city's north end. If built, it would require the demolition of both the Peter Pan Bus terminal, and the headquarters of the Republican newspaper.
"We are more confident than ever that our proposal to develop a casino in the north end of Springfield is superior to any others that have been proposed in Western Massachusetts," said Tim Wilmott, President and COO of Penn National Gaming.
Penn National is set to host a red carpet even on Dec. 20 at the Paramount Theater, where it will reveal more details about its plans.
Copyright 2012 WSHM (Meredith Corporation). All rights reserved.