Cordish Philly Buyout Approved

The buyout by Cordish Companies of its partner in Stadium Casino, owner of the second Philadelphia casino license, has been approved by Pennsylvania regulators.

The Pennsylvania Gaming Control Board has approved the buyout by Baltimore-based Cordish Companies of its partner in the Stadium Casino company, Bensalem-based Greenwood Gaming.

The approval makes Cordish the sole owner of the planned $700 million Live! casino, the second license pegged for the city of Philadelphia. Cordish officials say they have secured all the necessary permits, and construction on the hotel and casino in the heart of Philadelphia’s sports stadium district will begin soon.

The buyout of Stadium Casino also gives Cordish ownership of Stadium’s planned Category 4 satellite casino, which will occupy the space of the former Bon-Ton anchor department store at Westmoreland Mall in Western Pennsylvania. Construction of both facilities will occur simultaneously.

Recent Articles

History Playbook

On This Day In Sports History

On July 29, 1996, legendary manager Tommy Lasorda announced his retirement from the Los Angeles Dodgers following a heart attack. 💔⚾ His departure marked the end of an incredible era: Lasorda won 4 National League pennants and 2 World Series titles after taking over Between Alston (hired in Brooklyn in 1953) and Lasorda, the Dodgers had only two managers over a span of nearly 43 years! Bill Russell stepped in to replace him. Talk about franchise stability.

On This Day In Sports History

On July 29, 1994, horse racing history witnessed one of the most unbelievable coincidences ever caught on a photo-finish camera. Two completely evenly matched thoroughbreds—Honest Onyx and Exclusive Gold—went head-to-head for a grueling seven furlongs at Assiniboia Downs. When they hit the wire, officials reviewed the finish-line camera and literally could not separate them. The result? A rare, official dead-heat for the Win! But the story gets crazier. Just two weeks later, the exact same two horses raced the exact same distance at the same track—and dead-heated again, this time tying for second place. Talk about defying the odds! official dead heat