The state landed a significant win in its 18-month pandemic fraud case against casino owner Andy Sanborn Tuesday. A judge said the Lottery Commission can revoke Sanborn’s gaming license for two years.
It’s a major blow for Sanborn, who has been racing against the clock to sell Concord Casino since the state ordered it shuttered and sold in January over the fraud allegations. Sanborn’s greatest asset is not the casino business, which he can still sell, but its access to perhaps the last available historic horse racing licenses in the state.
Without access to that license, the business is virtually worthless.
