About 40,000 sf of the 100,000-sf temporary building would accommodate 1,500 slot machines and serve as the resort's gaming facility until the rest of the complex is constructed, according to Matzel. Once the remainder of the opening phase of the resort complex is complete, the temporary facility would be converted into a 6,000-seat arena for concerts and sporting events. It would also connect with the planned convention center to provide added space for large conventions and shows.
"It was clear from their public comments that Gov. ([Edward] Rendell and the state legislature want to deliver tax relief to the residents of Pennsylvania as soon as possible. Gaming was established to do just that," Matzel says. "The sooner we can open, the sooner we can deliver on our promise of a world-class resort and casino."
When Matzel acquired the 5.5-square-mile resort in mid-November 2005, he told GlobeSt.com that Phase I would be completed within two years of obtaining a gaming license. The license would allow for an eventual 5,000 slot machines. The Pennsylvania Gaming Board plans to award 14 licenses by the end of this year. For previous coverage, click here.
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