Artist’s rendering associated with Live! Hotel and Casino, which won its bid for a license and it has plans become built in the Stadium District of South Philadelphia
Real time! Hotel & Casino has been awarded Philadelphia’s second casino license.
The Pennsylvania Gaming Control Board awarded the license on Tuesday. a joint project between Cordish Companies and Greenwood Gaming & Entertainment Inc., which owns the Parx Casino in Bensalem, the proposed 200,000-square-foot casino will host 220 resort spaces, have 2,000 slots and 125 dining table games in the casino flooring, and will cost $425 million to create.
The designers propose to place the casino on A holiday that is existing inn the stadium district of Southern Philadelphia.
Making the announcement up to a loaded home during the Pennsylvania Convention Center, the Control Board praised the ‘the synergy between gambling and entertainment at a casino’ that the task proposed, adding that the proximity to your stadium was a deciding factor.
The Board stated it thinks that ‘the more-than-400 stadium area occasions per year’ could create an attraction that is all-year-round visitors.
In choosing Live!, the board went for the casino with the cheapest revenue projections, nonetheless it was also the one that relied least on cannibalizing business from other casinos in and around Philadelphia. The board said it had tried to ‘choose a realistic and rightsized a Continue reading Live! Hotel and Casino Wins Southern Philadelphia License