HARRISBURG, Pa. (AP) — Pennsylvania has again found a taker for a mini-casino, auctioning a license for $10 million to a Philadelphia-area private equity investor who could build it near Penn State University’s flagship campus.
Ira Lubert beat one other bidder, the Pennsylvania Gaming Control Board said after Wednesday’s auction.READ MORE: Street Closures Coming To Downtown Pittsburgh On Tuesday And Wednesday For Filming Of Movie
Lubert helped open Valley Forge Casino Resort before selling it and is a partner in Rivers Casino Pittsburgh.READ MORE: Lou Barletta Signs Anti-Tax Pledge In GOP Campaign For Governor Of Pennsylvania
He doesn’t have to name an exact location until he submits formal paperwork, required within six months.
But, the State College area is in the 15-mile radius area in which he said he’ll locate it. A possible candidate is the Nittany Mall, just outside State College.MORE NEWS: Lawrenceville Church Vandalized With Graffiti
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