Problems develop over language of Penn. casino law

Dec 30, 2013 8:04 PM

There are five bidders for the final Pennsylvania casino license to be awarded. It will be located in Philadelphia. But, problems have developed over the language of the state law regarding full and part ownership of the properties.

SugarHouse Casino, currently operating in the Philadelphia market, fears the competition from a second license holder. Representatives of the company will be meeting with the Pennsylvania Gaming Control Board to discuss the language of the law authorizing casinos.

The law imposes restrictions on the percentage a license holder may own in a second property. This apparently would affect at least three of the Philadelphia applicants.

A decision is expected by Jan. 8.

Ray Poirier is the longtime executive editor at GamingToday.

Contact Ray at [email protected].

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