Magid was hired by developer Bart Blatstein (left). “We are obviously going to go for the biggest names,” Magid (right) said.
With hundreds of millions of dollars in revenue from table games and slot machines potentially at stake, the five applicants will make their final pitches to state gambling regulators this week.
He’s entered into a contract with the New York owners, Hudson Capital, to buy the lot for an undisclosed amount. He also declines to give many details about his project
The six applicants interested in a second casino license to be issued in Philadelphia showed their best hands this year.
A gaming board spokesman says Congregation Rodeph Shalom and two schools near the casino proposed for Broad and Callowhill Streets have filed a petition with the board seeking to intervene in opposition to the project, to be developed by Bart Blatstein.
Developer Bart Blatstein described the 9th Street Marketplace, saying, “This is a 40,000 square foot, $20 million shopping center at 9th and Girard.”
Developer Bart Blatstein, one of the remaining applicants for Philadelphia’s second casino license, says this week’s withdrawal of Wynn’s application removes what Blatstein calls a “distraction.”
Deputy Mayor Alan Greenberger told the panel at some point the city will make a recommendation, but for now, they’re still evaluating each of the proposals.
The six applicants who are in a spirited competition for a second casino license to be issued in Philadelphia all made their presentations during an all-day hearing on Tuesday before the Pennsylvania Gaming Control Board.
A landmark Philadelphia building on North Broad Street has begun its new life.
This year saw Philadelphia’s two daily newspapers change hands for the fourth time in five years, in a secretive deal that involved hedge funds, local political bosses, and the censoring of reporters’ stories.
The Pennsylvania Gaming Control Board says it has received six applications for Philadelphia’s second casino license — including one that wasn’t on the radar screen until now.
The Pennsylvania Gaming Control Board is reminding prospective developers that the deadline to apply for Philadelphia’s second casino license is just three weeks away.
“There was a tremendous explosion,” said Ed White, who lives near the warehouse. “And a huge flame just came out of the building early this morning.”
Developer Bart Blatstein has announced an audacious plan for the white tower on North Broad Street that currently houses the Philadelphia Inquirer and Daily News.