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Court approves Valley Forge Casino - phillyBurbs.com

Tuesday, 08 March 2011 16:11 administrator

The Pennsylvania Supreme Court has approved the casino license for the Valley Forge Convention Center, allowing a proposed 488-hotel in King of Prussia to have as many as 600 slot machines and 50 table games.

The court announced its decision Tuesday, affirming a gambling license that was first awarded by the state in 2009 and later challenged by the

owners of Parx Casino in Bensalem.

Officials at Parx argued that the Valley Forge Convention Center was too close to Parx. The competing casinos would be within 24 miles of each other and could "cannibalize" on the revenue potential for the state, Parx owners argued.

Greg Fajt, chairman of the Pennsylvania Gaming Control Board, said he was pleased with the court's decision which allows "this project to move forward so it can create jobs, enhance tourism and produce much needed tax revenue for the Commonwealth."

The current gaming law provides for a maximum 14 casinos in the state. Ten casinos now operate in Pennsylvania. Three other licenses have been set aside for a casino in Philadelphia, an undetermined resort, and a future racetrack.