Published on: October 17, 2024, 05:49h.
Last updated on: October 17, 2024, 05:49h.
Concord Casino owner Andy Sanborn faces theft charges for allegedly exaggerating the gross receipts of his charitable gaming property in New Hampshire.
The state officials claim that the parent company of the Concord Casino, Win Win Win, and Sanborn misrepresented the gross revenue by approximately $1 million.
This falsification led to Win Win Win and Andy Sanborn receiving $188,474.33 more in grant funds than they were entitled to under the grant formula,” stated New Hampshire Attorney General John M. Formella.
The grant was part of New Hampshire’s Main Street Relief Fund 1.0 for small businesses affected by the COVID pandemic.
An investigation has been conducted into how Sanborn utilized $844,000 in COVID relief funds assigned to the Concord Casino.
Some of the funds were allegedly used to buy two Porsche cars and a Ferrari, with the Ferrari intended for his wife, Laurie Sanborn, a state representative.
Officials assert that the relief fund was not intended for casinos and have instructed Sanborn to sell the Concord Casino while suspending his casino license. His legal team is seeking an extension for the casino’s sale.
Sanborn’s Attorneys’ Statement
In response to the arrest, Sanborn’s lawyers issued a statement to the Concord Monitor criticizing the actions of the Attorney General’s office.
The same AG who has been repeatedly ordered for violating Mr. Sanborn’s constitutional rights by three NH Superior Court judges, with legal positions rejected by Administrative Law Judges, and is potentially facing sanctions for prosecutorial misconduct, has now arrested Mr. Sanborn on the brink of a sale to a qualified buyer,” stated Sanborn’s legal team.
“We are disappointed, but not surprised. And we trust that the NH judiciary will continue to pursue justice and hold the AG accountable.”
Sanborn filed a lawsuit against the New Hampshire Attorney General’s office for allegedly breaching protections regarding attorney-client communications related to a document search, as reported by the New Hampshire Bulletin.
Proposal for a Second Casino
Currently, Sanborn is seeking to establish a new casino in Concord, featuring a 43,000-square-foot gaming facility.
A local resident, Kassey Cameron, challenged the proposed casino in court, with the case now before the New Hampshire Supreme Court.
Cameron claims that the project violates local zoning laws and was improperly approved.
Other residents have voiced concerns regarding traffic congestion, environmental impact, and potential issues such as prostitution and illegal drugs if the casino were to open.