FC: Bally’s drops out of Nittany Mall casino project in State College

Oct 12, 2021
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Bally’s drops out of Nittany Mall casino project in State College​



Take heart, central Pennsylvanians! Ira says the development will "proceed as planned."

'Lubert described the proposed casino as a “transformational development” to life for central Pennsylvania.'

Hear, hear! I'm glad to be living in central Pennsylvania. These are incredible times. I can't wait to experience the enhanced quality of life that a mini-casino brings to us. I'll be gorging myself on that comped buffet food as I stare in a catatonic state at a flashing slot machine. Paradise.
 
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Nitt1300

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Oct 12, 2021
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Take heart, central Pennsylvanians! Ira says the development will "proceed as planned."

'Lubert described the proposed casino as a “transformational development” to life for central Pennsylvania.'

Hear, hear! I'm glad to be living in central Pennsylvania. These are incredible times. I can't wait to experience the enhanced quality of life that a mini-casino brings to us. I'll be gorging myself on that comped buffet food as I stare in a catatonic state at a flashing slot machine. Paradise.

Take heart, central Pennsylvanians! Ira says the development will "proceed as planned."

'Lubert described the proposed casino as a “transformational development” to life for central Pennsylvania.'

Hear, hear! I'm glad to be living in central Pennsylvania. These are incredible times. I can't wait to experience the enhanced quality of life that a mini-casino brings to us. I'll be gorging myself on that comped buffet food as I stare in a catatonic state at a flashing slot machine. Paradise.
Don't forget the third-class entertainment that these mini casinos are famous for.

 
Oct 12, 2021
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How long have they been talking about this casino? 10 years?

Ira's group won the bid in 2020, but the earliest reference I could find to his wheeling and dealing was 2018. This article also references the 2018 memorandum of lease option that he signed with the Nittany Mall.

 

BobPSU92

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Oct 12, 2021
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How long have they been talking about this casino? 10 years?

Ira's group won the bid in 2020, but the earliest reference I could find to his wheeling and dealing was 2018. This article also references the 2018 memorandum of lease option that he signed with the Nittany Mall.


Can you imagine if PSU farted around that long with football facilities? Franklin wouldn’t put up with it. He’d bail.

Wait. 🤔

o_O
 

rudedude

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Oct 6, 2021
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Was Ira the principle partner at the casino in King of Prussia?
I found Boyd Gaming purchased it in 2018.
Some of the proposed games:




The DelGrosso Casino at Da Mall
 

MtNittany

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Oct 12, 2021
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I'm still confused as to which role Lea Thompson will play in this.
 

BobPSU92

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Keyser Soze 16802

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Oct 12, 2021
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Wouldn't PSU students be more likely to become addicted to gambling via sports gambling apps on their phones?

The folks at risk from the casino likely are townies from relatively low income homes
 

Nittany1865Farmer

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Oct 12, 2021
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Bally's have announced they are out of the casino business going into the former Nittany Mall, but planners say they are still moving ahead with the plans to put a mid-sized casino as planned. If I were a savvy investor, I think this is not a good project to be pouring money into without a solid partner like Bally's backing it. https://www.statecollege.com/articl...l-casino-but-project-will-proceed-as-planned/
 

PSUJam

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Oct 7, 2021
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Just a reminder. Gambling addiction fùcks over other common people too. I know 2 people that had thier lives go to shìt once a Casino moved to Wilkes Barre Pa. One younger that was stealing money out of a cash register at work and got fired and another that blew her husband's $200,000 pension without him knowing. The stories are much worse than I care to describe here but both aren't here on Earth anymore. No drugs. No alcohol.

1-800-GAMBLER is an effing joke.

 

MtNittany

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In the end (within the next decade), I think the mall will be at least partially demolished and redeveloped even though it will be at an astronomical cost.

Here's what they're doing w/ the dead Lycoming Mall in Muncy.

That's Muncy though. The commercial real estate values aren't comparable.
 
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Bison13

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Oct 13, 2021
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In the end (within the next decade), I think the mall will be at least partially demolished and redeveloped even though it will be at an astronomical cost.

Here's what they're doing w/ the dead Lycoming Mall in Muncy.

That's Muncy though. The commercial real estate values aren't comparable.
Maybe Judy can call in and give us an update
 

LionJim

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Oct 12, 2021
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Just a reminder. Gambling addiction fùcks over other common people too. I know 2 people that had thier lives go to shìt once a Casino moved to Wilkes Barre Pa. One younger that was stealing money out of a cash register at work and got fired and another that blew her husband's $200,000 pension without him knowing. The stories are much worse than I care to describe here but both aren't here on Earth anymore. No drugs. No alcohol.

1-800-GAMBLER is an effing joke.

Yep. Tragic.
 

SleepyLion

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Sep 1, 2022
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Just a reminder. Gambling addiction fùcks over other common people too. I know 2 people that had thier lives go to shìt once a Casino moved to Wilkes Barre Pa. One younger that was stealing money out of a cash register at work and got fired and another that blew her husband's $200,000 pension without him knowing. The stories are much worse than I care to describe here but both aren't here on Earth anymore. No drugs. No alcohol.

1-800-GAMBLER is an effing joke.

Maybe some lawyer on here would know this...
Why could the casino not be charged with receiving stolen property?
It may be that money is not considered property or that it is too difficult to track (any where that the thief purchased anything would be guilty of this).
I do agree it would be almost impossible for anyone (casino, store, etc.) to know if the money was stolen prior to accepting payment.
 

PSU Mike

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Oct 6, 2021
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Maybe some lawyer on here would know this...
Why could the casino not be charged with receiving stolen property?
It may be that money is not considered property or that it is too difficult to track (any where that the thief purchased anything would be guilty of this).
I do agree it would be almost impossible for anyone (casino, store, etc.) to know if the money was stolen prior to accepting payment.
Apply that question everywhere. Kid walks into CVS to buy a Hershey bar …
 
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SleepyLion

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Apply that question everywhere. Kid walks into CVS to buy a Hershey bar …
it is just a bear to track...
but people have been charged who unknowingly accepted stolen property.

I think casinos have the ability to "know their customer" like financial institution are required to. It is not like casinos do not know their customers.
 
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LionJim

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Oct 12, 2021
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Just a reminder. Gambling addiction fùcks over other common people too. I know 2 people that had thier lives go to shìt once a Casino moved to Wilkes Barre Pa. One younger that was stealing money out of a cash register at work and got fired and another that blew her husband's $200,000 pension without him knowing. The stories are much worse than I care to describe here but both aren't here on Earth anymore. No drugs. No alcohol.

1-800-GAMBLER is an effing joke.

Yeah, there are a million “retirement destroyed” stories on the ‘net. It’s sobering. Outside lottery tickets ($10 a week), I never gamble. The way I look at it, the house will make its money somehow and more likely than not they’d be making their money off me. Lottery tickets? It’s a joke but I don’t go beyond that so, no big deal in the end.
 
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ThePennsyOracle

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Oct 6, 2021
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Just a reminder. Gambling addiction fùcks over other common people too. I know 2 people that had thier lives go to shìt once a Casino moved to Wilkes Barre Pa. One younger that was stealing money out of a cash register at work and got fired and another that blew her husband's $200,000 pension without him knowing. The stories are much worse than I care to describe here but both aren't here on Earth anymore. No drugs. No alcohol.

1-800-GAMBLER is an effing joke.

Gambling is just like any other addiction. If some wants to destroy their life…..well…..no one is forcing them to do it.
 
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