Pennsylvania Supreme Court to review casino project
In a statement, the Gaming Control Board said that it “appreciates the work of the court in producing this decision and is reviewing to determine the next steps in this matter. We do know that at this juncture, the court has determined that the license cannot be issued until the board proceeds on matters addressed in the ruling.“
SugarHouse HSP Gaming L.P., operator of the SugarHouse casino, which had challenged Stadium LLC’s application, declined to comment on the decision.
Stadium plans to build a USD 450M complex at a Holiday Inn site at Ninth Street and Packer Avenue in the city’s stadium district, with a 2,600-car garage, a 200-room hotel, 2,000-plus slot machines, more than 100 table games, and other features.
Stadium’s Live! Hotel & Casino project initially won the Gaming Control Board’s approval in 2014, and soon after won the support of the city Planning Commission as well as community organizations.
The project is a joint venture of Cordish and Greenwood Gaming & Entertainment Inc., which owns Parx Casino in Bensalem. In its earlier opinion, the Supreme Court said the gaming board had failed to scrutinize whether Greenwood’s primary backer, Watche “Bob” Manoukian, would have an ownership interest exceeding the 33.3 percent limit imposed by state law.
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