State gaming officials this morning denied the license application for a mini-casino in Big Beaver borough.
At a meeting of the Pennsylvania Gaming Control Board today, officials announced Mount Airy had not secured the necessary funding for approval of its application.
“Despite Mount Airy exercising reasonable efforts to attempt to secure financing for that project, they were unable to do so and therefore Mount Airy is not able to satisfy … financial requirements to establish the operational viability of this particular project,” said Gaming Control Board Chief Counsel Douglas Sherman.
“Mount Airy does not contest OEC’s recommendation of denial and their application based on the threshold issue of their financial suitability for the Big Beaver project.”
Subscribe To Keep Reading
You must be a subscriber to continue reading the rest of this article
