The Ticker

Foreclosures rise in Mass.

Foreclosures in Massachusetts rose again last month, but experts say it is nothing to worry about.

Foreclosure petitions rose by 126 percent compared to April 2013, for a total of 740, according to The Warren Group. Still, Tim Warren, CEO of The Warren Group, said the rise is because of a backlog in foreclosure petitions.

"I don't think it's indicative of the real estate market going south," Warren said. "Mortgages (that were) delinquent are now coming through the pipeline."

Warren said lenders have pushed back foreclosures as they parse Massachusetts' recent changes to foreclosure laws.

Foxwoods denies New Bedford interest

Foxwoods is dismissing speculation that it has shifted focus from Fall River to New Bedford as the possible home for a new, resort-style casino.

Dale Wolbrink, a Foxwoods spokeswoman, said the Connecticut-based casino operator has not determined possible sites in Fall River "unsuitable," despite local media reports. But she declined to comment on whether the casino is in talks with New Bedford Mayor Jon Mitchell about possible sites in his city, including the city-owned Whaling City Golf Course.

In March, Foxwoods unveiled plans for a $750 million resort casino at Fall River's New Harbour Mall. The proposal came after Milford residents voted down its $1 billion casino plan in 2013.

Mitchell said his administration has had "active discussions" with various casino operators, including Foxwoods, but declined to elaborate.

Today

 Labor Department releases employment data for May.

 Federal Reserve releases consumer credit data for April.

THE SHUFFLE

Mohegan Sun has announced the appointment of George Galinsky to senior vice president of marketing communications for the Mohegan Tribal Gaming Authority. In this new position, Galinsky will assist with property collaboration on all communications and cross property promotion, and help with synergy for brand, budget, media and production efficiencies.

 DLA Piper has announced that Nicole Daley has rejoined the Boston office as counsel in the corporate and finance practice. Daley previously served as associate general counsel at Comverse Inc., a global provider of telecommunications business solutions. Earlier in her career, Daley was an associate and of counsel in DLA Piper's Phoenix office.

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