Wednesday, February 07, 2007

The Pennsylvania Gambling Control Board has three words for Donald Trump on
why he lost his bid to build a slots casino in Philadelphia: location,
location, location. The board decided in December against licensing the
proposed $350 million TrumpStreet Casino complex on the edge of North
Philadelphia. Instead, it approved projects on two riverfront parcels. On
Thursday, the board disclosed the rationale behind the selections. Trump's
project would have been built near an "economically depressed (area) with
decaying infrastructure," calling into question whether visitors would come
and other businesses would invest, the board said.