The decision on the 2nd casino license in Philadelphia is still several months away Each proposed
site has pro and cons. Today, I'll collectively address the positives of each site.
Wynn Philadelphia has the best track record of all the applicants. They have the ability to expand
the market and compliment the current casino offering located in Philly.
the market and compliment the current casino offering located in Philly.
Wynn has proposed to make his site a destination that will garner international attention.
The Provence has a plan to make create a gaming and retail facility that add a unique ambiance to center city. They have plans for a spa and fine dining. They are align with the Isle of Capri as their managing partner.
Market 8 has a plan to spur economic development in the Gallery and Market East. This is intriguing because it is in conjunction with the plan that was embraced by the Double Down in Philly article.
Live! Stadium is a collaboration between Dave Cordish and Bob Greenwood. These gentlemen head MaryLand Live and Parx Casino respectively. Their site has a hotel and would draw from the association with Xfinity Live. They would do well following the model of MaryLand Live.
Casino Revolution and Hollywood Casino proposals will rely heavily on the proximity to the stadiums in South Philadelphia to fuel their proposals. More than 3 million people frequent this area for concerts and sporting events. This is the ideal recipe for success that emulates New Orleans.
The following is an excerpt from the Pennsylvania Gaming Control Board about each site.
Center City
Dense mixed-use urban core with major public transportation and road networks. Two projects: The Provence Market 8
Delaware River Waterfront
Fishtown/Kensington Undeveloped waterfront area separated from residential areas by an interstate highway I-95. One project: Wynn Casino
South Philadelphia:
Sports Stadium District Sporting complex with three major league sports and entertainment facilities surrounded by industrial and residential uses and accessible by two interstate highways. Three projects: Hollywood Casino Casino Revolution Live! Stadium
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