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Casino work stops...Skeleton crew remains on site
New Pittsburgh Courier,
Thursday, July 3, 2008 at 1:43:56 PM
To be viewed as a white elephant, a project must at least be completed before it fails. It is still possible that Don Barden's Majestic Star Casino may not even make it that far.
Construction on the North Side slots parlor stopped June 30 after Barden failed to pay more than $10 million he owed contractors for work done in April and May. The stoppage could last from two days to two weeks.
He had been unable to complete the $780 million financing package he told state gaming officials he'd have in place for the project by last month. Dan Keating III, chairman of prime contractor Keating Building Corp., requested the stoppage until permanent financing is in place.
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