Pittsburgh
Penguins Bet on Casino
As reported by the Pittsburgh
Tribune-Review: "From an office high above
the aging Mellon Arena, the Pittsburgh Penguins
on Wednesday unveiled the first glimpse of a
plan for a casino and a new arena team officials
hope will secure the NHL franchise's future
in the city.
"The
team intends to partner with Isle of Capri Casinos,
an international gambling company based in Biloxi,
Miss., and Nationwide Realty Investors, a Columbus,
Ohio, company that built a privately funded
arena in that city.
"…Isle
of Capri, which operates 15 casinos in six states,
the Bahamas and the United Kingdom, will seek
the $50 million license for the stand-alone
slot machine parlor. If it becomes winning bidder,
the company would set aside $290 million for
the arena…"
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