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.
John Donnelly, a lawyer representing the casino on Delaware Avenue, argued for standing on the grounds that competition has increased greatly since the state’s gambling law was passed.
The public comment period on the bids closes at 5pm on December 31st.
Supporters of the “Market 8″ casino project say it has aggressive but attainable goals of hiring African-Americans at all levels.
“We don’t want any special consideration, but we do want to be fairly covered,” Crawley said today.
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.”
The report shows that the “Provence” and “Market 8″ projects proposed for center city and the “Wynn Philadelphia,” proposed for Fishtown, are generally among the top three in several of the categories in the economic impact study.
“The three proposals in South Philadelphia are less likely to induce further development and less likely to generate a new audience than the other three proposals,” city commerce director Alan Greenberger told a state oversight panel.
The principals of PHL Local Gaming say they have a head start on their five competitors because CEO and chairman Joe Procacci would use one of his warehouses to house the casino.
Sugarhouse casino officials say construction should take about two years now that the Pennsylvania Gaming Control Board has approved a revised plan to expand their waterfront casino.
“Only the green roof parking garage saves it from an F” in their report card on the applications, the group’s spokeswoman said.
Dr. Walter Lomax began with a small private practice in South Philadelphia and now controls a business empire that includes real estate, venture capital, and media.
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.