| State

Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Future bright for Pennsylvania's casinos, Gaming Control Board chairman says

Email Newsletters

Click here to sign up for one of our email newsletters.

Daily Photo Galleries

'American Coyotes' Series

Traveling by Jeep, boat and foot, Tribune-Review investigative reporter Carl Prine and photojournalist Justin Merriman covered nearly 2,000 miles over two months along the border with Mexico to report on coyotes — the human traffickers who bring illegal immigrants into the United States. Most are Americans working for money and/or drugs. This series reports how their operations have a major impact on life for residents and the environment along the border — and beyond.

By The Associated Press
Thursday, Feb. 21, 2013, 10:30 p.m.

HARRISBURG — A debt-hobbled New Jersey casino may be on the brink of bankruptcy, but Pennsylvania's top gambling regulator said Thursday he does not expect the same financial fate for any of Pennsylvania's 11 casinos.

Bill Ryan, chairman of the Pennsylvania Gaming Control Board, told the state Senate Appropriations Committee that the casino gambling industry appears to be in good shape in Pennsylvania, now the nation's second-largest gambling market.

“I don't see anything on the horizon,” Ryan said in a response to a question by Sen. John Wozniak, D-Cambria.

Revel in Atlantic City, N.J., plans to file for Chapter 11 bankruptcy protection in March, less than a year after it opened, in a move designed to offload about two-thirds of its $1.5 billion in debt by converting more than $1 billion of it into equity for lenders.

Revel was the first new casino built in Atlantic City since the Borgata Hotel Casino & Spa opened in 2003, an ambitious and risky project in a declining market buffeted by growing competition from casinos in Pennsylvania and other nearby states.

Ryan also was asked about Attorney General Kathleen Kane's conclusion that Gov. Tom Corbett's private lottery management contract conflicts with the Gaming Control Board's authority over slot machines, part of the reason she rejected it.

Ryan said he was not prepared to respond, but senators asked him to produce a legal opinion from the agency's lawyers and deliver it to the Appropriations Committee.

Corbett appointed Ryan to the gaming board in 2011. Ryan was Corbett's top deputy in the attorney general's office when Corbett was elected governor in 2010.

The governor has said he will say Friday whether he will file a court appeal of Kane's rejection of the 20- to 30-year lottery contract with British firm Camelot Global Services.

Kane announced her decision after Corbett undertook a nine-month process to find and hire a private company to replace state employees running the state's lotteries.

The legality of the contract is being challenged in court by Democratic lawmakers and the union that represents lottery employees.

Subscribe today! Click here for our subscription offers.



Show commenting policy

Most-Read Pennsylvania

  1. Fallout from child protection law felt in Pa. churches, libraries, fields
  2. Lawrence power plant being converted to gas from coal
  3. Evidence for charge not found in Pa. case
  4. 2001 same-sex union recognized despite partner’s death
  5. Probe continues in fatal shooting in Sharon hospital parking lot
  6. Pennsylvania Senator Casey pushes for railroad bridge inspectors