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Pennsylvania License Competition Heats Up

PITTSBURGH, Pennsylvania -- As reported by the Associated Press: "The three-horse race for Pennsylvania's last harness racing license -- and the 3,000 slot machines that will almost certainly accompany it under the state's new gambling bill -- is heading into the home stretch.

"Industry observers say the two leading candidates are Indianapolis-based gambling firm Centaur, Inc., which wants to build its $340 million Valley View Downs near Route 51 in Beaver County. The other is Ambrosia Enterprises -- a 70-year-old Lawrence County mining and development firm -- which has a $65 million plan to build Bedford Downs near Route 422 on a reclaimed strip mine. Also seeking the license is Vorum Stables LLC of Washington County.

"...The final harness license will likely be awarded early next year, said Anton Leppler, the harness commission's executive secretary. But the new slots law virtually assures that the seven licensed race tracks will have an inside track when the Gaming Control Board starts issuing $50 million slot machine licenses, probably by mid-2006..."

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