Whoops: None of Foxwoods' would-be owners have actually been investigated

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Whoops: None of Foxwoods' would-be owners have actually been investigated

POSTED: Friday, July 2, 2010, 5:34 PM
Filed Under: Casinos | Gambling | News
Evan M. Lopez

The Inquirer's tireless Jennifer Lin reports today that the key players for the theoretical Foxwoods' casino — Ronald Rubin and Lewis Katz — have only recently submitted to the kind of rigorous investigation required (in theory, at least – this reporter raiseth the ol' eyebrow) of prospective casino owners to be licensed by the Pennsylvania Gaming Control Board.

Writes Lin:

Three and a half years after authorizing the Foxwoods Casino project on the South Philadelphia waterfront, the Pennsylvania Gaming Control Board is only beginning the process of licensing one key player in the proposed gaming hall and determining the need to license a second.

[. . .]

The action comes even as lawyers for the gaming board build a case to revoke the $50 million license on the overall project. The Foxwoods group currently has no construction plan, no financing, and - with Las Vegas gambling tycoon Steve Wynn's sudden pullout in April - no operator.

How exactly did the Foxwoods investors manage to go so long without having to submit to investigation? How, exactly, did the Gaming Board fail to notify them just now that they'd be performing such an investigation? Are these investors, as Rep. Curt Schroder recently asked PGCB Chairman Gregory Fajt, using family foundations as "straw men" to hide their direct involvement in the project?

Oh, and one more question: How much sleazier does this project have to get before Foxwoods' investors get the boot?


aLex
Posted 2010-07-02 16:50:48
"tireless and agenda-free"

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