Published: Wednesday, November 17, 2010, 2:32 PM Updated: Wednesday, November 17, 2010, 2:43 PM
A casino at Nemacolin Woodlands Resort would cannibalize the Pittsburgh-area gaming market, a would-be competitor told state Gaming Control Board officials.
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“It will not generate additional dollars,”said Bill Paulos of Washington Trotting Association, the company that owns Meadows Racetrack and Casino in Pittsburgh, at a hearing today in The State Museum of Pennsylvania. “It will take gaming dollars already in the area”
Nemacolin is competing with three other sites for the state's last resort casino license, which allows up to 50 table games and 600 slots.
Because state gaming law is written to spread out gaming revenue, already-existing casinos can object to local competition on grounds that it butts into the market rather than creates a new one.
Awarding of the state's only other resort casino license has been tied up in courts for a year and half as Parx Casino, in the Philadelphia area, fights the board's decision to give the license to nearby Valley Forge Resort Casino on similar grounds.
Paulos said the southwestern Pennsylvania casino market won't likely grow enough to add a casino without cutting some business to others. In addition to Meadows, that market also includes The Rivers Casino in Pittsburgh.
Nemacolin said it stands by its claim that it would draw mostly from out of state and would create the biggest overall revenue increase of all the plans.
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