πŸ’° SugarHouse brings in two investors

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New York, April 20, -- Moody's Investors Service, ("Moody's") Sugarhouse owns the Sugarhouse Casino located in Philadelphia, PA on.


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Local investors in Philadelphia's SugarHouse Casino are trying to stop the state gaming board from issuing a second slots license in the city.


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PHILADELPHIA (CBS) – A prominent Philadelphia lawyer and a well-known car dealer β€” both minority partners in the Sugarhouse Casino.


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Investor Inquiries Online Form Fill out this form or call () to contact Tim Drehkoff for investor inquiries.


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Local investors in Philadelphia's SugarHouse Casino are trying to stop the state gaming board from issuing a second slots license in the city.


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Inquirer staff writer Jeff Shields contributed to this article. Andrew Seidman. Jennifer Lin, Inquirer Staff Writer. Cozen and his firm were hired by Foxwoods in the summer. SugarHouse spokeswoman Leigh Whitaker said construction crews arrived between 6 and a. We Recommend. Cozen O'Connor's president and chief executive officer is Thomas "Tad" Decker, who was chairman of the Pennsylvania Gaming Control Board from to , and who presided over the selection of both SugarHouse and Foxwoods. Frank Vanore said. Cozen has been SugarHouse's lead counsel since its selection, along with Foxwoods, in as one of two slots operators in the city. In addition, developer Peter DePaul, who dropped out of the SugarHouse investment group in , has rejoined, the board said. Cozen said SugarHouse's partners did not object. Douglas Harbach, a state gaming board spokesman, said Pennsylvania law allows investors to have ownership in more than one casino, but a majority control of only one. We need a change. He said he had dropped out of the investor group after being fined "because I didn't want to disrupt SugarHouse and their chances to get a license. Ruane, The Washington Post. She said the equipment was repaired and construction continued after some delay. We need love. Inquirer Morning Newsletter. DePaul has a 9. Protesters gather for massive day of rallies in D. Mail-in ballots, including from Pennsylvania, help Joe Biden seal Democratic presidential nomination.{/INSERTKEYS}{/PARAGRAPH} Craig R. Sprague and auto magnate Robert Potamkin - suggested that Cozen be given a share of the business "as a token of their appreciation of my efforts. Asked whether his decision to rejoin SugarHouse was a reflection of his outlook on the stalled Foxwoods project, he said: "Not at all. Cozen, chairman of the law firm Cozen O'Connor, said in an interview that two local investors - lawyer Richard A. DePaul said that at the time of his fine, "I told SugarHouse I would appreciate it if they held my shares in abeyance until there was a decision from the court. Both men control less than 1 percent of SugarHouse, the gaming board said. {PARAGRAPH}{INSERTKEYS}On the eve of its Thursday groundbreaking, the SugarHouse Casino brought two new investors on board - both with ties to Foxwoods Casino. State Sen. Get the news you need to start your day. Skip to content. SugarHouse brings in two investors. Protest against police brutality: Philadelphians on why they marched. Daylin Leach loses to Amanda Cappelletti in high-profile Democratic primary. Contact staff writer Jennifer Lin at or jlin phillynews.