Bally’s Seek To Spend $123m Transforming Mall Near Penn State University Into Casino
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The Nittany Mall, around four miles from Penn State University, is firmly within reach of the Bally’s Corporation, who wants to invest $123m into the transformation of the mall into a category four casino.
The state has received hundreds of complaint letters from local residents and the wider public regarding a gambling establishment being present so close to the university, which is home to around 47,000 students. The public has until June 12 to voice any further concerns.
The Pennsylvania Gaming Control Board (PGCB), which issues licenses and regulates gaming within the state, auctioned off the license in September 2020.
There was a minor delay in the supposedly due to legal issues, as Cordish Companies, based in Maryland, hit Bally’s with a lawsuit based on their understanding that Bally’s should have been ineligible to participate in the license auction.
Although the lawsuit continues, the PGCB is now ready to proceed with the licensing process and will be prepared to review the casino blueprint following the end of public submissions.
