So the Pennsylvania Casino Control Board will finally decide next week whether to pull the license for the long-proposed Foxwoods casino in South Philadelphia. Really?
Seems like I’ve heard that before. If anybody’s wondering whether they deserve more time, consider that:
Since Foxwoods was awarded its casino license, General Motors has gone into bankruptcy, gotten a government bailout, shed several auto lines and re-structured operations, gotten out of bankruptcy, and repaid the government billions through new stock sales.
Meanwhile the Foxwoods group’s latest savior, Harrah’s Entertainment had to cancel a planned stock offering last month.
There’s an old saying: When the story is over, close the book.