Developers: financing secured for $650M New Bedford casino

Developers proposing a $650 million Foxwoods resort casino on the New Bedford waterfront said Monday that they’ve secured financing and brought on a former Foxwoods CEO as partner. Scott Butera, who resigned as head of the Connecticut-based Foxwoods in October 2014, confirmed in a letter to state regulators that he’s joined KG Urban Enterprises, of New York.