This week saw the unveiling of the plans of Bart Blatstein to turn the site of the
former Philadelphia Inquirer Building into a casino hotel. The concept would
turn ironically turn the building from from that printed paper to making "paper".
It would include restaurants, shops and a spa. It would have approximately 125
hotel rooms.
PGCB or the Pennsylvania Gaming Control Board has issued a deadline of Nov.
15th to submit applications for the 2nd license for a casino in Philadelphia. There
are at least two other developers that have express interest in obtaining the bid.
While Blatstein has partnered with the Hard Rock Casino, no other notable group
has come forth from the gaming world. This will change as the deadline comes
closer.
The table games revenue in Pennsylvania grew in the month of September. This can
be attributed to strong marketing by all the casinos and the addition of Valley Forge
Casino Hotel and Resort to the mix. The question is can this growth continue? New
Jersey is proposing mobile wagering and seeking to offer sports betting.Delaware has
pass online gaming but has not set anything in motion. Pennsylvania and Philadelphia
have done well with gaming revenue and jobs. The Commonwealth must now consider
some of the proposals that our neighboring states have to avoid saturation and cannibalization.
Follow me on Twitter at @GamingguyM.
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