The Pennsylvania Gaming Control Board on Wednesday denied the application by the owners of Mount Airy Casino Resort in the Pocono Mountains.
You can customize your WPXI News App to receive Beaver County news alerts. CLICK HERE to find out how.
Mount Airy's owners submitted a winning bid of nearly $21.2 million for the license last year and picked an undeveloped parcel in Beaver County, close to the Pennsylvania Turnpike. Mount Airy forfeits a quarter of the bid.
Mount Airy officials acknowledged that it lacked the cash to finance the project or secure lending agreements. The mini-casino license was among 10 that state lawmakers authorized for auction to Pennsylvania's licensed casino owners.
Five licenses were auctioned before the auctions ended.
- Body of missing Bethel Park woman identified after being found in Nevada desert
- ‘I know what I heard': Myles Garrett standing by racial slur allegation against Mason Rudolph
- Sex offender removed from the hospital during the birth of his child
- VIDEO: Family devastated after man hit by a car, left to die in Pittsburgh neighborhood
- DOWNLOAD the Channel 11 News app for breaking news alerts
Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.