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Deadline for Sale of Andy Sanborn’s Concord Casino Extended by Judge

In a recent development that could potentially impact the future of the Concord Casino in New Hampshire, former state Senator Andy Sanborn has been granted an extension by Judge Gregory Albert to sell the struggling establishment. This decision comes amidst legal troubles and increased scrutiny from regulatory authorities, offering Sanborn a glimmer of hope in a challenging time.

Judge Albert’s ruling, which allows Sanborn extra time to finalize the sale, was motivated by the potential benefits to public schools and charities that rely on funds generated by the casino. Despite objections from the state, the judge emphasized the importance of maintaining these financial contributions to support various charitable organizations in the community.

The state had previously suspended Sanborn’s gaming license following allegations that he misused $844,000 in federal COVID-19 relief funds for personal expenses, including luxury items such as expensive sports cars. If Sanborn fails to complete the sale by the specified deadline of September 30, the casino faces a two-year license suspension, rendering the business virtually worthless.

Sanborn’s legal team, comprised of lawyers Zachary Hafer and Adam Katz, sought a simple deadline extension from Judge Albert. However, the judge indicated that he lacked the authority to grant such a request, placing his ruling on hold to allow for a potential rehearing. This temporary pause in proceedings could provide Sanborn with additional time to secure a buyer and finalize the sale.

The New Hampshire Lottery Commission, responsible for overseeing the approval process for the casino’s new ownership, indicated that the background check on the prospective buyer may be completed by the end of September. However, uncertainties remain as potential buyers express concerns about assuming the legal liabilities associated with Sanborn’s ownership.

Overall, the decision to grant Sanborn an extension to sell the Concord Casino reflects the complex interplay of legal, financial, and regulatory factors at play in this high-stakes situation. As the casino navigates this critical period of transition, the future remains uncertain for all parties involved.

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