Pennsylvania Gaming Control Board
Blatstein was one of four developers hoping to build Philadelphia’s second casino; he proposed putting it in the former Inquirer headquarters, on North Broad Street at Callowhill.
“Maybe another newspaper? I don’t know. We’ll deal with that next week,” said Bart Blatstein, who had hoped to put a casino in the former Inquirer building on North Broad Street.
Pennsylvania gaming officials are expected to finally show their hand this afternoon on a second casino license for Philadelphia.
State gambling regulators will meet this week to decide whether, and to whom, to award Philadelphia’s second and final casino license.
“Anyone with common sense sees that the gaming industry has changed wholly over this last year,” said councilman John McBlain.
Harrah’s Casino in Chester is speaking out against plans to open another casino in Philadelphia, saying the region’s gambling industry is already coping with a two-year slide in revenues.
The Pennsylvania Gaming Control Board has called a special meeting for November 18th to announce who, if anyone, will get the second casino license in the city of Philadelphia.
Sugarhouse general manager Wendy Hamilton says the demand for live poker play has been there since day one.
A consultant hired by the state legislature to study the future of gaming in Pennsylvania says another gambling hall will not overload the local market.
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.
Gaming Control Board spokesman Doug Harbach says gross revenue from slots play fell almost 9-percent last month compared to January of 2013.
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.
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.