Monday, November 24, 2014

Black leaders express concern over casino license

Posted: Friday, November 21, 2014 5:30 am

Ayana Jones Tribune Staff Writer | Philadelphia Tribune

The Pennsylvania Gaming Control Board’s (PGCB) decision to award a license to Live! Hotel & Casino for a new gaming facility has left some African-American political, community and business leaders concerned about fairness and economic inclusion.

The PGCB voted unanimously this week to award the license to Live! Hotel & Casino, a joint venture of two casino operators to be built in South Philadelphia’s stadium district. The $425 million casino project will be owned and operated by Cordish Cos. of Baltimore, and Greenwood Gaming & Entertainment of Bensalem.


 

In a Nov. 14 op-ed, State Rep. Charelle Parker expressed concerns about PGCB’s decision, noting the Cordish Cos. and Greenwood Gaming & Entertainment was the only applicant of the four who vied for the license with no minority ownership. Parker said the PGCB’s decision would violate a mandate under the Pennsylvania Race House Development and Gaming Act that requires the board to promote and ensure diversity in all aspects of the gaming activities.

“The financial success of Philadelphia’s next casino relies on the prevailing company’s ability to engage the community by creating viable employment, ownership and other economic opportunities for the residents of a vibrant city that is comprised of 52.7 percent women and 67.7 percent racial minorities,” Parker said in the op-ed. Read More here

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