HARRISBURG, Pa. (CBS) — The Pennsylvania Gaming Control Board heard arguments today on whether there is enough evidence on record for the board decide on a petition to revoke Foxwoods’ casino license.
After listening to arguments for 2½ hours, Gaming Control Board chairman Greg Fajt told lawyers for Foxwoods’ investors that the board has been “immensely” patient with the project.
And even though Foxwoods has faced legal actions, the crash of financial markets, and political setbacks, Fajt says other casino licensees have overcome some or all of the same problems:
“You are arguably -– and I’ll say more than arguably — definitely further away from putting a shovel in the ground today than you were in December of 2006.”
But an attorney for Foxwoods’ investors claimed that a board opinion written in September of last year acknowledged the extraordinary problems faced by Foxwoods.
The local investors on Tuesday confirmed that Harrah’s has agreed to step in and try to rescue the project (see related story).
Reported by KYW Harrisburg Bureau Chief Tony Romeo.