PITTSBURGH-Publicly traded companies Forest City Enterprises and Harrah’s Entertainment jointly filed an application with the Pennsylvania Gaming Control Board this week for a license to create a gaming facility in Pittsburgh. The application provides that Forest City Enterprises, together with a group of prominent local business people, will own the gaming facility, while Harrah’s will develop and manage the casino.

Pennsylvania has authorized a total of 14 gaming licenses across the state, including seven for horseracing tracks, two for resort developments and five for stand-alone slot parlors. Wednesday was the deadline for submitting license applications. Trump, Boyd, Aztar, Forest City and Harrah’s are some of the companies vying for the licenses, according to published reports. A complete list of applicants is expected to be released next week.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.