PORTLAND — Documents show that a New York investment firm is among the owners of a casino under construction in western Maine.
The Maine Gambling Control Board today released BB Development’s application for a casino slated to open next spring in Oxford. The Associated Press requested the application though Maine’s Freedom of Access law.
The application shows that a firm owned by Gary and Robert Bahre, former owners of the New Hampshire International Speedway and Oxford Plains Speedway in Maine, owns the largest share of the casino.
A portion is also owned by Maine Funding LLC, which is owned by Och-Ziff Real Estate Advisors. According to the application, Och-Ziff has been involved in numerous gambling investments over the years ranging from large destination casinos to small slot-machine operations.
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