« Eminent domain fans should stop skewering the facts | Main | Guess who's coming to dinner? »
November 22, 2006
Forest City Casino
The latest news from the Gaming Board in Pennsylvania, where Forest City Enterprises is one of three bidders vying to build a gigantic slot-machine parlor in Pittsburgh:
Pittsburgh Post-Gazette, Harrah's bankrolls local casino investors
The gambling and entertainment giant, Harrah's, is bankrolling several local investors, including Steelers' legend Franco Harris, in the Forest City Ratner-Harrah's bid to build a gigantic slot-machine parlor in Pittsburgh, according to the disclosures in hearings before the Pennsylvania State Gaming Control Board.
Pittsburgh Tribune-Review, Slots candidates pitch plans for 'Burgh parlor
The state Gaming Control Board's study, which has not been released, predicted a casino in the city would make $200 million in its first year and $482 million in its fifth year, said Steve Rittvo, chairman of The Innovation Group.
...
Cleveland-based Forest City Enterprises said it could make more money - as much as $617 million in just its third year - by hiring Harrah's Entertainment as operator of a Station Square casino.
Posted by lumi at November 22, 2006 5:49 AM