Regulators Looking At Philly Casino Proposals

On Tuesday, Pennsylvania gaming regulators held a public hearing to talk about the six individual proposals for a second casino in Philadelphia.

Officials reportedly didn’t endorse any of the potential projects, but did go into the advantages and disadvantages of each plan. However, the Associated Press reported that there might be a preference for a casino in downtown, rather than a development for the surrounding area.

Despite the inevitability of the casino, some came out to protest adding another to the area.

Here’s a look at who wants to build and where:

Tower Entertainment, LLC (The Provence) wants to build at 400 North Broad Street.

Market East Associates (Casino Philadelphia) is eying 8th and Market Street.

Wynn PA, Inc. (Wynn Philadelphia) had its sights set for 2001 Beach Street.

PHL Local Gaming, LLC (Casino Revolution) hopes for 3333 South Front Street.

PA Gaming Ventures, LLC (Hollywood Casino Philadelphia) has proposed 700 Packer Avenue.

Stadium Casino, LLC (Live! Hotel and Casino) covets 900 Packer Avenue.

The state’s decision is expected to come early in 2014.

Philadelphia already has one licensed gambling joint, the SugarHouse Casino on the Delaware River. However, Parx Casino and Harrah’s Chester Casino sit just outside the city. There are currently 11 full-scale casinos in the state.

Pennsylvania is the second largest gambling market in the country, behind Nevada.

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