Pennsylvania Gaming Control Board
Not only were slots revenues down more than four percent in April compared to the same month a year ago, but it is also the first time that all 11 of Pennsylvania’s casinos were operating for a full month each year for comparison purposes.
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.
“Only the green roof parking garage saves it from an F” in their report card on the applications, the group’s spokeswoman said.
A Philadelphia official has told the state gaming board that the city is still evaluating the six proposals for a second casino in Philadelphia and hasn’t decided yet which one it likes best.
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.
Pennsylvania’s casinos beat out Atlantic City’s gambling palaces for overall gaming revenue in 2012.
State gambling regulators say gross revenue from slot machines was up 2.7 percent last year.
The Pennsylvania Gaming Control Board has scheduled three days of events: an information-only presentation in February to be followed by two days of public hearings in April.
“We are in a different position than we were back in 2006,” says Pennsylvania state senator Larry Farnese.
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.
The fate of the city’s second license has been in limbo since Foxwoods’ license was revoked a year and a half ago. Mayor Nutter calls this “the right decision at the right time.”
The Gaming Control Board has hit SugarHouse with two fines totaling $80,000, $70,000 of which is for seven incidents of gaming involving youngsters from the ages of 17 to 20, which occurred between February of last year and March of this year.
The $233-million dollars in gross slots revenue for March was the highest for any month since the state’s tenth full-size casino opened, or any month since legalized gaming began in Pennsylvania.
The Pennsylvania Gaming Control Board says the state set an all-time high for gross revenue from slot machines in March.