Quantcast
Icon

The Daily Record's business blog

Penn National’s chutzpah

By:

The classic example of the Yiddish word “chutzpah” has always been the guy who murders his mother and father, then throws himself on the mercy of the court because he’s an orphan.

Ladies and gentlemen, we have a new contender.

After Landow Partners contested Penn National Gaming’s winning $10.25 million bid for Rosecroft Raceway during an auction last week, attorney Richard G. Mason actually said this at Wednesday’s bankruptcy hearing:

“This has to stop now. [Landow Partners] have turned out to be sore losers, so let us move forward.”

Excuse me? An attorney for the company that bankrolled the opposition to the approval process for Cordish Cos. Arundel Mills casino for years so that it could protect its gambling franchise in West Virginia and try to change the rules of the game after it didn’t follow those rules and lost its chance to put slots at Laurel Park, calls another company “sore losers” and wants to “move forward?”

I’ll bet David Cordish had a good laugh when he read that.

Category: slots

One Response

  1. Russ says:

    You know that he did, Ed! I am hoping that the court system sees this as just a last effort by these losers. Gansler should have thrown Frank Stronache and Penn National out of the state when he had the chance.

Leave a Reply

Email Alerts

Sign up for free email alerts from The Daily Record


Enter your e-mail address:
Morning News Update
TDR Auction Notices
Real Estate Weekly
In-House Counsel Monthly