Casino to let investor Staley make good on her pledge
The former basketball star has said she would use her proceeds to fund youth activities.
By Mel Greenberg and Suzette Parmley
Inquirer Staff Writers
Temple coach Dawn Staley hit the jackpot of sorts this month when the Foxwoods group, considered a long shot, was one of two entities to be awarded a casino license in the city.
Staley is one of several celebrity investors, including 76ers president and general manager Billy King, to have a stake in Foxwoods, whose facility will be by the Delaware River in South Philadelphia. Comcast-Spectacor chairman Ed Snider, owner of the Flyers and 76ers, also is involved with the Foxwoods group.
Staley, a three-time Olympic gold medalist who retired as a player from the WNBA last summer, declined to discuss her reaction to the winning bid. However, in an interview with The Inquirer a year ago, the local basketball legend indicated she would use her proceeds to fund youth activities in North Philadelphia, where she grew up, and build a recreation center.
Foxwoods has said it will donate 42 percent of the casino's profit to charity.
http://www.miami.com/mld/philly/sports/colleges/16351864.htm (Archive copy)
The former basketball star has said she would use her proceeds to fund youth activities.
By Mel Greenberg and Suzette Parmley
Inquirer Staff Writers
Temple coach Dawn Staley hit the jackpot of sorts this month when the Foxwoods group, considered a long shot, was one of two entities to be awarded a casino license in the city.
Staley is one of several celebrity investors, including 76ers president and general manager Billy King, to have a stake in Foxwoods, whose facility will be by the Delaware River in South Philadelphia. Comcast-Spectacor chairman Ed Snider, owner of the Flyers and 76ers, also is involved with the Foxwoods group.
Staley, a three-time Olympic gold medalist who retired as a player from the WNBA last summer, declined to discuss her reaction to the winning bid. However, in an interview with The Inquirer a year ago, the local basketball legend indicated she would use her proceeds to fund youth activities in North Philadelphia, where she grew up, and build a recreation center.
Foxwoods has said it will donate 42 percent of the casino's profit to charity.
http://www.miami.com/mld/philly/sports/colleges/16351864.htm (Archive copy)