PHL Local Gaming Adds Hon. Nelson A. Diaz (Ret.) as a Board Member-Elect

Mar 28, 2013, 14:47 ET from PHL Local Gaming, LLC

PHILADELPHIA, March 28, 2013 /PRNewswire/ -- PHL Local Gaming, LLC, one of six bidders for the available casino gaming license, in Philadelphia, today announced that it has voted to add Judge Nelson A. Diaz to its board of managers, contingent upon PHL' s selection as the City's second licensee.

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The Pennsylvania Gaming Control Board had imposed a deadline of February 14 for having any substantive changes to the six bidders' proposals considered as part of its bid process. In keeping with that, PHL has agreed that, between now and the date that the PGCB's bid process is concluded, Judge Diaz will serve as a consultant.

Diaz, a partner at the Dilworth Paxson law firm, is a former General Counsel for the United States Department of Housing and Urban Affairs, a former Philadelphia City Solicitor, and the first Hispanic at Temple University Law School. He was also the first Hispanic to pass the Pennsylvania Bar Exam. Judge Diaz was, in addition, the first Hispanic person to be elected to the City of Philadelphia's Court of Common Pleas, or to any Pennsylvania Court. He also serves as a board member of Exelon, as a trustee at Temple University, and as a trustee of the Philadelphia Museum of Art. Active in civic, economic and community affairs, in the City of Philadelphia, Judge Diaz has also devoted much of his professional life to leadership roles in the local and national Hispanic communities.

Commenting on Judge Diaz's new role at PHL, Joseph G. Procacci, chairman of the gaming company, said: "There are few people in this city who have served Philadelphia, and our country, in as admirable a fashion as Nelson Diaz has. He brings to our board a wealth of experience in national corporate, legal and academic issues, and an intimate familiarity with local, grassroots communities. He's a leader, and a long-time Philadelphian, and he absolutely epitomizes the qualities we want to bring to our deliberations, during our bid process."

If successful in its bid for the available casino management license in Philadelphia, PHL Local Gaming LLC plans to open "Casino Revolution," a $428 million, four-star quality, "destination-caliber," 250-room  hotel and gaming facility. The casino will offer 2400 slots, 105 table games, a steak house, a coffee/espresso bar, an Italian restaurant, a 300-seat buffet, a 156-seat cafe and a covered, 1600-car garage. The facility would be located at Front and Pattison Streets, in South Philadelphia.

Given its unique location, as part of the 25-acre Procacci Brothers Sales complex,  PHL has said it has the ability, if selected, to open its casino a full six months prior to any of the other six bidders, and to generate 600 early jobs and $51.9 million in city and state revenues, in the process.

SOURCE PHL Local Gaming, LLC