Bally’s Corporation has made the decision to withdraw from the ongoing casino project at the Nittany Mall in Pennsylvania, but the project will continue to move forward as planned, according to a recent news release.
Bally’s strategic shift:
After three years of partnership with casino developer SC Gaming, Bally’s has chosen to end its framework agreement. This decision, as stated by George Papanier, president of Bally’s Corporation, is part of the company’s strategic goals to focus on other key projects in Chicago and Las Vegas.
“We are grateful for the collaboration and achievements we have accomplished with SC Gaming over the past three years,” stated George Papanier. “However, as our strategic focus evolves, we have made the difficult decision to conclude our relationship. We extend SC Gaming our best wishes for their ongoing development efforts and for their continued success.”
Investor, Penn State alumnus, and former university trustee Ira Lubert owns SC Gaming and successfully secured a category 4 license in September 2020. Following this, Bally’s announced an agreement on January 4, 2021, to develop and manage a $120 million Centre-Country mini-casino.
“SC Gaming remains on track to bring this transformational development to life for Central Pennsylvania,” Lubert stated, emphasizing his ability to independently develop and operate the casino project, drawing from his experience with the Valley Forge Casino Resort.
The plans for the casino were outlined in an August 2021 public hearing, revealing that the venue would operate 24/7 with 750 slot machines, 30 table games, and sports betting facilities. Additionally, there will be a sports-themed restaurant and bar with an entertainment stage and a quick-serve food court. The casino will cater to adults only with strict non-smoking policies, only admitting guests aged 21 and over. Access will be restricted through two external public entrances and one internal mall entrance, with ID checks at each entry point.
Employment and economic impact: