{"id":18989,"date":"2014-03-03T05:30:39","date_gmt":"2014-03-03T05:30:39","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=18989"},"modified":"2014-10-31T07:36:52","modified_gmt":"2014-10-31T14:36:52","slug":"second-philadelphia-casino-applicants-battle-it-out-in-pennsylvania","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/second-philadelphia-casino-applicants-battle-it-out-in-pennsylvania\/","title":{"rendered":"Second Philadelphia Casino Applicants Battle It Out in Pennsylvania"},"content":{"rendered":"
\"Philadelphia
Philadelphia’s Sugarhouse Casino may have some competition if state regulators decide to grant a second city casino license (Image: G. WIDMAN FOR VISIT PHILADELPHIA\u2122)<\/figcaption><\/figure>\n

Five casinos are arguing that they\u2019re the right fit for Philadelphia. One casino is saying that the city doesn\u2019t need another gambling hall at all. And still others say they wish there wasn\u2019t any casino gambling in the city to begin with.<\/p>\n

State Your Case<\/h2>\n

Those were the arguments heard at a Pennsylvania Gaming Control Board meeting in Harrisburg last week, as five applicants were allowed 15 minutes each to make their pitch to open a second casino in Philadelphia. They were joined by the SugarHouse Casino<\/a>, which opposes a second casino joining their operation that has already been active in the city, as well as a neighborhood group that doesn\u2019t want a new casino in their backyard.<\/p>\n

The five casinos that have been proposed would vary in location and size. Market8 would be a compact project taking up just two acres in Center City. A second option for Center City would be the Provence on North Broad Street. There are also three South Philadelphia proposals: a large, sprawling complex known as Casino Revolution<\/a> is one, while Hollywood Casino Philadelphia and Live! Hotel & Casino are also proposing projects in the same area.<\/p>\n

At the moment, the Legislative Budget and Finance Committee is studying \u201cthe current condition and future viability of gaming\u201d in Pennsylvania. In theory, that study could recommend eliminating the current mandate in state gaming law that says there \u201cshall be\u201d two casinos in Philadelphia.<\/p><\/blockquote>\n

However, lawyers for SugarHouse said that the state should still wait to be sure before thinking of granting a second license.<\/p>\n

\u201cWhat I ask you to do is, stay your hand,\u201d said SugarHouse attorney John Donnelly. \u201cI ask you to wait, at the bare bones, until the legislature completes its study.\u201d<\/p>\n

Financing A Major Issue<\/h2>\n

Of the five applicants, three made closing arguments at the meeting (Live! Philadelphia and Greenwood Gaming declined to do so). Those arguments largely came as a rebuttal to SugarHouse\u2019s claims that added competition would harm their business and that there weren\u2019t enough gamblers to support a second casino. But some casinos also had time to tout what made their particular proposals special.<\/p>\n

\u201cThe fact that we have the certainty of our financing, the fact that we are the most experienced developer and operator of casinos, the fact that we know this market, the fact that we have a national database that will immediately populate our gaming base here,\u201d said Karen Bailey of Pennsylvania Gaming Ventures, rattling off the reasons why she felt their Hollywood Casino was the best deal for the state.<\/p>\n

Issues of financing are critical to state officials. In 2010, Pennsylvania took a license for a second casino in the city away from Foxwoods because they failed to secure the money to build their facility. Now, casinos have been emphasizing the security of their own financing to the point where most industry experts don\u2019t think it\u2019ll be an issue no matter who is ultimately selected.<\/p>\n

That assumes that someone will be selected when the board makes its decision. It is possible for the seven-member board to select none of the casino deals, as a project must be approved by all four legislative appointees and at least one of the governor\u2019s appointees in order to receive the license.<\/p>\n","protected":false},"excerpt":{"rendered":"

Five casinos are arguing that they\u2019re the right fit for Philadelphia. One casino is saying that the city doesn\u2019t need another gambling hall at all. And still others say they wish there wasn\u2019t any casino gambling in the city to begin with. State Your Case Those were the arguments heard at a Pennsylvania Gaming Control […]<\/p>\n","protected":false},"author":42,"featured_media":18998,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,18],"tags":[],"acf":[],"yoast_head":"\nSecond Philadelphia Casino Applicants Battle It Out in Pennsylvania<\/title>\n<meta name=\"description\" content=\"As several contenders addressed the Pennsylvania Gaming Control Board last week, one existing casino wants all Philadelphia casino competition gone.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Second Philadelphia Casino Applicants Battle It Out in Pennsylvania\" \/>\n<meta property=\"og:description\" content=\"As several contenders addressed the Pennsylvania Gaming Control Board last week, one existing casino wants all Philadelphia casino competition gone.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/second-philadelphia-casino-applicants-battle-it-out-in-pennsylvania\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2014-03-03T05:30:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-10-31T14:36:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2014\/03\/sugarhouse-casino-ext-hdr-widman-philadelphia-587.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"587\" \/>\n\t<meta property=\"og:image:height\" content=\"391\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/second-philadelphia-casino-applicants-battle-it-out-in-pennsylvania\/\",\"url\":\"https:\/\/www.casino.org\/news\/second-philadelphia-casino-applicants-battle-it-out-in-pennsylvania\/\",\"name\":\"Second Philadelphia Casino Applicants Battle It Out in Pennsylvania\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/second-philadelphia-casino-applicants-battle-it-out-in-pennsylvania\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/second-philadelphia-casino-applicants-battle-it-out-in-pennsylvania\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2014\/03\/sugarhouse-casino-ext-hdr-widman-philadelphia-587.jpg\",\"datePublished\":\"2014-03-03T05:30:39+00:00\",\"dateModified\":\"2014-10-31T14:36:52+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"As several contenders addressed the Pennsylvania Gaming Control Board last week, one existing casino wants all Philadelphia casino competition gone.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/second-philadelphia-casino-applicants-battle-it-out-in-pennsylvania\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/second-philadelphia-casino-applicants-battle-it-out-in-pennsylvania\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/second-philadelphia-casino-applicants-battle-it-out-in-pennsylvania\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2014\/03\/sugarhouse-casino-ext-hdr-widman-philadelphia-587.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2014\/03\/sugarhouse-casino-ext-hdr-widman-philadelphia-587.jpg\",\"width\":587,\"height\":391,\"caption\":\"Philadelphia's Sugarhouse Casino may have some competition if regulators decide to grant a second city casino license (Image: G. 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