![]() The board agreed the move would be sufficient for the project to avoid breaking the law. He previously told the board he would transfer a $34 million interest in the South Philadelphia casino project to a trust for his sons. ![]() Manoukian controls an 85-percent stake of Parx Casino in Bensalem, Bucks County. State law bars a party which owns the majority of one state casino from holding more than 33.3 percent of another gambling house, according to the spokesman. In a 7-0 vote, the board found that businessman Watche "Bob" Manoukian's involvement in the project will not cause him to exceed a controlling interest limit, the board's spokesman said. The Pennsylvania Gaming Control Board ruled Wednesday that a hotel and casino proposed for Philadelphia's Stadium Complex can be built following a challenge over ownership rules.
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