Firm wins right to build mini-casino in Westmoreland
HARRISBURG — A Baltimore-based developer that is building a casino in Philadelphia’s stadium district won the right Wednesday to put up a smaller casino clear across Pennsylvania, outside Pittsburgh, in the second auction of licenses newly authorized by the state.
The Cordish Cos., a family-owned commercial developer that specializes in entertainment districts, submitted the winning bid of $40.1 million, selecting a portion of Westmoreland County in which to build.
That area includes Greensburg, 25 miles southeast of Pittsburgh, and is close to the intersection of Interstate 70 and the Pennsylvania Turnpike. Cordish beat out three other Pennsylvania casino owners for the right to the license.
A Cordish executive, Travis Lamb, gave few details about the developer’s plans but said Cordish will consider building an entertainment district around the casino.
“We feel there’s demand in that region, unsatisfied demand at this point that we can have a profitable casino there,” Lamb said.
Southwestern Pennsylvania already is home to three casinos, although this would be Westmoreland County’s first.
A minority partner in the Westmoreland County casino is London-based businessman Watche Manoukian, who owns the controlling stake in Parx Casino in suburban Philadelphia and is a minority partner with Cordish in its Live! Hotel & Casino project in Philadelphia.
The only other gambling property owned by the Cordish Cos. is Maryland Live! Casino, in suburban Baltimore.
