May 11th, 2009 by admin

Gov. Joe Manchin has signed a bill that set rules and tax rates for a possible casino at The Greenbrier.

The legislation signed Friday would regulate gambling at the historic resort the same as the state’s racetrack casinos. It also sets aside a portion of wagers to help The Greenbrier recoup employee benefits costs.

Voters narrowly approved a measure in November allowing casino-style gambling at the hotel.

The Greenbrier filed for bankruptcy in March. Last week, Justice Family Group owner Jim Justice announced that his company had acquired rights to the resort, which is owned by CSX Corp.

Justice told employees that the resort’s long-term growth might be in “tasteful” gaming.

However, Marriott International Inc. says it expects CSX to honor its contract to buy the resort.