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It appears that the biggest losers in the contest for the available Pennsylvania slots licences may not be one of the groups of investors. The Pittsurgh Penguins are facing an uncertain future following the Pennsylvania Gaming Board (PGCB) decision not to grant Isle of Capri the Pittsburgh licence. Isle of Capri had promised to build a new arena for the NHL team to ensure its long-term future. Other losing investor groups included Trump and Pinnacle.
The five stand-alone slots licences were granted to the following groups:
• HSP Gaming, LP.
HSP's SugarHouse Casino will be located along the Delaware River near the Girard Avenue exit of Interstate 95 in Philadelphia. It will have 3,000 slot machines and is expected to open in April 2008.
• Philadelphia Entertainment & Development Partners, LP.
Philadelphia Entertainment's Foxwoods Casino Philadelphia will be located in South Philadelphia along the Delaware River. It will be operated by Foxwoods Development and include 3,000 slot machines. It is expected to open in November 2008.
• PITG Gaming, LLC.
The PITG Gaming Casino will be operated in Pittsburgh by owner Majestic Star. It will be located on the North Shore west of Heinz Field and the Carnegie Science Center. It will have 5,000 slot machines. It is expected to open in March 2008.
• Mount Airy #1, LLC (Monroe County).
Based at the Mount Airy resort in Paradise Township in the Poconos, the Mount Airy Casino will have 5,000 slot machines and is expected to open in November 2007.
• Sands Bethworks Gaming, LLC (Bethlehem, Northampton/Lehigh Counties).
The Sands Bethworks Casino will be located at the former Bethlehem Steel Co. plant in the City of Bethlehem. It will have 5,000 slot machines and is expected to open in July 2008.
The PGCB decision on the 11 licences was unanimous. "Creating a new industry is a complex and arduous journey, but I can now stand with my fellow Board members and announce to the citizens of Pennsylvania that they are a step closer to significant property tax relief, additional jobs, and a reinvigorated horse-racing industry," said Tad Decker, Chairman of the Gaming Control Board. (E-12.21.06)
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