Stadium Casino Seeks Delay in Bally’s Casino Case Appeals Process

Stadium Casino LLC, the owner of the Live! Casino & Hotel in Philadelphia, has requested a delay in the appeals process for the Bally’s casino case. The case involves a dispute over the ownership of the Bally’s casino in Atlantic City, New Jersey.

Stadium Casino is seeking the delay to allow for more time to gather evidence and prepare their case. The company claims that they were not given adequate notice of the appeals process and were not able to fully participate in the initial proceedings.

The Bally’s casino case began in 2014 when a group of investors led by Carl Icahn purchased the property from Caesars Entertainment. Stadium Casino claims that they had a prior agreement with Caesars to purchase the property and were not given the opportunity to match Icahn’s offer.

In 2018, a New Jersey judge ruled in favor of Icahn’s group, stating that Stadium Casino did not have a valid contract with Caesars. Stadium Casino appealed the decision, but the appeals process has been delayed multiple times due to various legal issues.

Stadium Casino’s request for a delay in the appeals process has been met with opposition from Icahn’s group, who claim that the company is simply trying to stall the case. They argue that Stadium Casino had ample opportunity to participate in the initial proceedings and that any delay would be unfair to them.

The Bally’s casino case is just one of several legal battles involving casino properties in Atlantic City. The city has seen a resurgence in recent years, with several new casinos opening and existing properties undergoing renovations. However, these legal disputes threaten to undermine the progress that has been made.

The outcome of the Bally’s casino case could have significant implications for the future of casino ownership in Atlantic City. If Stadium Casino is successful in their appeal, it could set a precedent for other companies to challenge the ownership of existing properties.

In the meantime, both sides will continue to argue their case in court. The appeals process is expected to resume in the coming months, although it remains to be seen whether or not Stadium Casino’s request for a delay will be granted.