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November 21, 2006
Forest City Gaming
Yesterday, Forest City was the first of three bidders for a license to operate a slot-machine parlor in Pittsburgh to go before the Pennslyvania State gaming board.
Pittsburgh Post-Gazette, 3 bidders for lucrative city casino license face state gaming panel
Forest City Enterprises unveiled big changes yesterday in its casino plan for Station Square, proposing a new hotel and a temporary slots parlor, but couldn't escape concerns about revenue forecasts and potential traffic problems.
Pittsburgh Business Times, Forest City outlines temporary casino plan
But the group also outlined plans for a temporary gaming casino, which it said could be operational by October 2007.
The Station Square team was the only Pittsburgh gaming applicant which hadn't previously mentioned plans for a temporary casino.
Pittsburgh Tribune-Review, Pens to stay unless 'kicked out'
[Pittsburgh Penguins owner Jim] Balsillie was speaking on behalf of St. Louis-based Isle of Capri Casino, which has said it would pay $290 million for a new arena if awarded the license.
The other two bidders -- Cleveland-based Forest City Enterprises and Detroit-based Majestic Star Casino -- have said they would help pay for an arena if awarded the license.
For those of you who are following Forest City's other attempts to get into casino gambling, Ohioans voted down State Issue 3, which would have brought slot-machine parlors to Ohio.
Posted by lumi at November 21, 2006 8:14 AM