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Fernwood seeks slot license

28 April 2008

PENNSYLVANIA -- As reported by the Pocono Record: "The Bushkill Group, owner of the Fernwood Resort, faces a critical moment in its quest for a Category 3 slots license on Wednesday. That's when the Pennsylvania Gaming Control Board holds a local hearing on the group's slots application.

"...Three groups have applied for the two licenses: Vacation Charters/Split Rock Resort in Carbon County, Valley Forge Convention Center Partners in Montgomery County and Bushkill Group/Fernwood Resort in Monroe County.

"Resort licenses differ from free-standing and racino licenses. Racinos and free-standing casinos can have up to 5,000 slot machines. Resort licenses are limited to a maximum of 500 slot machines.

"But perhaps the biggest difference is who can use the casino. A resort casino, designed to attract tourism, can only be used by patrons of the resort. What that exactly meant has been debated at length. The PGCB determined an individual must spend a minimum of $10 on the resort's non-casino amenities to be considered a guest. That could be lunch at one of its restaurants, a round of golf or snow tubing.

"...Fernwood might accomplish what state Legislature envisioned when it legalized slots for property tax reduction. That is, generating revenues from sources beyond local residents..."

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