Monday, December 17, 2012

Penn National Gaming taking

gault-rickettsias.blogspot.com
The Wyomissing, Pa.-based owner of Charles Town Racesx and Slots said it would consider workinv on a proposal at the Anne Arundel Countu racetrack should an application for a facilitt at Arundel Mills Mall But it’s not activelyg pursuing the opportunity, spokesman Eric Schippet said. And that wouldn't fit withib the slots licensing anyway, said Donald C. Fry, chairman of the states commission overseeingslots development. “We’red taking a wait-and-see approach,” Schipper said.
The Baltimore Sun reporte d Tuesday thatPenn National, whicb has a pending license application for a slotes parlor in Cecil County, was chomping at the bit for an opportunit y at Laurel Park because it appears possibl e that the Arundel Mills site could fail to get zoning approval. State law allows only one slots parlor in the A snag in the zoninghprocess wouldn’t be enough to kill the Arundelp Mills proposal, put forth by Baltimore developetr the The state slots commission’s review of Cordish’s application is ongoing until the fall, Fry said. Only then will therew be a final decision to accept or rejectthe application, he said.
From there, the commissiobn would have to put out a request for new bids on the slotxs license in Anne Arundel Fry said. And Penn National couldn’r make such a bid on its own becaus e applicants are limited toone license. “Thered is only one valid [Anne Arundel County] proposal before us at this and that is theCordish proposal,” Fry said. The countyt council has delayed votin on a slots zoning designation for the Arundepl Mills sitefour times, most recently Monday. It’sd slated to come up again next month, but it’s not clea if that will happen because Council Chairman Edward Reilly is expectedc to take an open stated Senate seat beforethat meeting.
, the Canada-basef owner of Laurel Park and Pimlico had applied for a slota license at Laurel but its application was rejectede outright because it lacked arequiredf $25 million in up-front construction financing for each 500 slot machines. Sincd then, the company filed for bankruptcy and could end up selling one orboth , a Magna subsidiary, also filex a lawsuit that is pending in the Marylaned Court of Special Appeals. The group argued that it wasn’y clear whether the financing would have been refundef if thebid wasn’t accepted. Anne Arundep County Circuit Court upheld theslots commission’s decision to disqualifu the bid, but Magna appealed the decision.
Horse racing industrg advocates were disappointed that LaurelPark didn’y make it to the final list of potential slots sites. While a share of slots revenue will go to the horsse racing industry regardless of whether the slot machines are at a it would have been better if the machine s could have made trackz more of a destination to drum up saidAlan Foreman, lawyer for the But the horsre industry is still hopefully eyeing the situation, Foreman “This thing has been fraught with so I wouldn’t think we wouldn’t see any more surprise before this thing is all over,” he

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