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Gettysburg Supports Deal

15 August 2006

PENNSYLVANIA – As reported by the Evening Sun: "The Gettysburg Borough Council approved a deal with casino investors Monday night that guarantees at least $1 million from gaming profits would be paid to the borough annually if a proposed slots parlor is built in nearby Straban Township.

"The deal, approved in a 5-4 vote, has been considered by the council for more than four months. It still includes a few sticking points council members have cited in the past.

"It does not include, as council members requested, language that would increase the amount of money to the borough as time goes on to adjust for inflation. It also maintains language stating the council agrees Crossroads Gaming Resort and Spa will provide an 'excellent economic benefit' to the Adams County region and public and private interests. But the language endorsing the project has been changed to acknowledge the excellent economic benefit is an opinion shared by Crossroads and Gettysburg Borough, and is based on information Crossroads has provided about how the casino will operate.

"And the agreement will not be signed until the state Gaming Control Board has decided the agreement is legal under state gaming law.

"But despite those concerns, the council members who voted in favor of the agreement said they felt the final version is acceptable..."

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