Philadelphia’s first casino is spreading its bets, breaking ground on an expansion.
Assemblyman Chris Brown is introducing measures limiting corporations to two licenses each, going forward, and requiring any profitable casino that closes to return any financial incentives previously given to it.
“It’s kind of a mobile billboard as well as a nightclub on wheels, but it’s also a social media generator,” says Jeff Guaracino of the Atlantic City Alliance.
Atlantic City mayor Don Guardian says he has a four-year plan that will turn the city back into the destination resort it was before the casinos arrived.
Some industry experts are suggesting the struggling casino-hotel might not have to close after all.
The Garden State had tried to allow betting on professional and college sports in Atlantic City casinos and state racetracks.
Sugarhouse general manager Wendy Hamilton says the demand for live poker play has been there since day one.
Sugarhouse general manager Wendy Hamilton is disputing the findings of a consultant hired by the legislature that the region can handle at least one more casino.
The game was created and developed by two Sugarhouse casino employees, table games supervisor Mark Grochala and dealer Tom McCann.
The Pennsylvania Gaming Control Board chairman indicated that after final oral arguments in the application process, February 26th, he hoped there would be a decision about the Philadelphia casino license within 60 days.
The possibility of a casino on North Broad Street, near Callowhill, is prompting a move in Philadelphia City Council to stave off new pawn shops, payday loan operations, and other shady credit businesses in that area.
Magid was hired by developer Bart Blatstein (left). “We are obviously going to go for the biggest names,” Magid (right) said.
The hearings have been focused on financing and revenue, traffic congestion and parking, even as each applicant tried to convince the Gaming Board they had the “wow factor” that would create new gamblers, not simply cannibalize the clientele in existing casinos.
The Pennsylvania Gaming Control Board is dissecting each of the five proposals during hearings at the Pennsylvania Convention Center.
But despite another year-to-year increase in table games action, overall revenue at Pennsylvania’s casinos was down slightly in 2013.