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Press Room- Archived Press Releases: Nemacolin Woodlands Resort Withdraws Application For Casino License  

Farmington, PA (November 29, 2006) — Nemacolin Woodlands Resort announced today that it has withdrawn its application to operate a slots casino at the resort located on Route 40 in Farmington, Pennsylvania. The decision was made after resort ownership and management came to the conclusion that the Board's intended application of non-gaming purchase requirement for resort-based casino patrons would be a per visit requirement, not annual.

Nemacolin Woodlands proposed that the 25 dollar purchase be an annual requirement meaning the patron would be eligible for casino admission for a one year period of time before another minimum 25 dollar purchase would be required. After participating in its suitability hearing and numerous follow up discussions with Gaming Board staff, it became clear to Nemacolin Woodlands representatives that an acceptable resolution of this issue would not be forthcoming.

“There certainly was give and take and an exchange of ideas with staff members for the Board relative to the interpretation and implementation of the patron purchase requirement; in the end however we concluded that our annual proposal would not be accepted by the Board,” said Nemacolin Woodlands spokesman Jeff Nobers.

Under the State Gaming Control Act, patrons of resort-based casinos have to be a guest of, or otherwise make purchases totaling at least 25 dollars to gain admission to the casino. The Act, however, in the opinion of Nemacolin Woodlands management and outside legal counsel, was vague and subject to wide interpretation as it provided no clear language or direction as to how often the 25 dollar purchase was required.

“Through our ongoing discussions it became our feeling that the Gaming Board staff opinion was focused on the view that the “intent” of the legislature when the Gaming Control Act was passed was that the minimum purchase requirement was to be a “per visit” requirement,” Nobers said.

“Certainly a lot of time, effort and money had been invested in the process over the past two years, and while it is difficult to come to this conclusion it is also the proper business decision. We have looked at the projections and numbers over and over again and have concluded that with the per visit requirement, the casino is not a viable business operation,” said Nemacolin Woodlands Resort Owner and President Maggie Hardy Magerko. “We have worked diligently to create a Four- Diamond resort and to achieve Five-Diamond status for the Falling Rock hotel, and we will now turn our full attention back to other projects and initiatives to continue to build upon the great reputation of this wonderful family resort destination.”