SugarHouse Casino has decided to abandon a long-running lawsuit against the construction of another casino in Philadelphia.
US.- SugarHouse Casino has reportedly dropped a long-running lawsuit against the construction of the Live! Hotel & Casino in Philadelphia. The owners of the latter will pay a US$50 million fee for a license this month.
A spokesman for the Pennsylvania Gaming Control Board said on Wednesday that the agency believes that the issue is over, therefore Live! Hotel & Casino in Philadelphia has the okay to proceed with the construction process. The owners of the facility have to pay a US$50 million fee in order to obtain a slot machine license, and the gaming control board estimates that the transaction will be made around November 15.
The SugarHouse lawsuit was based on a bill signed by Governor Tom Wolf that repealed a 2004 provision limiting ownership of casinos. Live!, which won the four-way competition for a license back in 2014, will be owned and operated by Cordish Cos. of Baltimore and Greenwood Racing Inc., owner of Parx Casino.