Stadium Casino was still in the earliest stages of construction, it was highly active in the gambling expansion processes. It applied for a mini casino. It also applied for an interactive gaming license package as well.
Roger Gros of Global warming Business was the first to tweet about a potential demise of Stadium Casino.
Selling its $50 million casino license is just one of a several components at play if this new turns out to be true. Casino Co Owners Greenwood Gaming and Cordish were one of the first to take advantage of the opportunity to obtain a license for a satellite casino. The casino spent another $40.1 million to select a site near DA Perry.
Selling the main license will likely need to include the mini casino in a packaged deal. Stadium Casino LLC has already put up the $40 million for the people though, so expect that amount to be accounted for in any sale of the satellite property.
Stadium Casino LLC is currently one of three casino Companies waiting for interactives license approval. Seven casinos already approval to move forward an online casino.
If Stadium does not resincd this application, it does not mean the rumour is false. It is only when the casino discusses its plans in front of PGCB that we will get a clearer picture of the Philadelphia casino project’s future