Wednesday
April 8, 2009

Copyright 2009
Statewide News Network, Inc.
Story may not be reproduced in any form
without express written consent.

Fernwood casino application on hold

HARRISBURG -  The Pennsylvania Gaming Control Board today awarded one of two available slot operator licenses for a Category 3 resort to Valley Forge Convention Center Partners, L.P.

At the same time, the Board agreed to continue to consider the application filed by the Bushkill Group, Inc., operators of the Fernwood Hotel & Resort in the Poconos.  The Board indicated The Bushkill Group needs to show a more complete financing plan.

The Bushkill Group, Inc. is seeking to operate a slot machine facility at its Fernwood Hotel & Resort, a 440 acre hotel and recreational complex located on Route 209 in Bushkill, Monroe County.

While the application for Fernwood is still under consideration, the Board also reopened the Category 3 application process for a 90 day period beginning today in an effort to see if other qualified resorts would be interested in the license and could provide the Commonwealth with a better overall project with firm financial commitments.

“Despite the tightened credit market, Valley Forge was able to demonstrate to the Gaming Control Board that it has obtained firm financial commitments for its project,” said Chair Mary DiGiacomo Colins.


Return to PoconoNews.Net Home Page