Parx Casino to sell stake in planned South Philly casino to Cordish Cos

In Pennsylvania, Greenwood Racing, Inc. is selling its 50 percent stake in the planned Live! Hotel & Casino to their partners, Baltimore-based Cordish Companies, operator of Maryland Live! Casino. The two companies, which comprise Stadium Casino LLC, each hold a 50 percent stake in the South Philly casino project that has been plagued by protests and court proceedings since the award in 2014 and approval of […]

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