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Posted At : January 25, 2008 03:14 PM | Posted By : D McKee
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Penn National,Atlantic City
... sure as heck doesn't stay there. Evidently (allegedly possibly maybe) insulting Jesus is worse than public inebriation. Even so, ESPN's Dana Jacobson remains "an Amazon hottie." And Catholic League President Bill Donahue still needs to get a life.
Shocked and dismayed. That's the reaction of Penn National Gaming. No, not to Dana Jacobson's drunken rant but rather to the volatile comments of Thomas Carver, head of New Jersey's Casino Reinvestment Development Authority, who went off the deep end and called a proposed Penn/A.C. deal for Bader Field "a scam." (Is there something in the Atlantic City drinking water we should know about?)
As off-base as Carver is, he's got a point, albeit one obscured by his hyperbole. Penn is bypassing the CRDA to cut a sweet deal with Atlantic City, whereby it would own the whole Bader Field enchilada, then flip three-fourths of it. Not only does that bypass the CRDA's competitive-bidding process but it would put Atlantic City in the business of sweetening Penn National's bottom line. That's a double affront to the free market. Put Bader Field on the block and may the best company(s) win.
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