CBS Philly reports that SugarHouse Casino is suing the Pennsylvania Gaming Conrol Board to prevent the licensing of a second Philadelphia casino. The board isn’t expected to approve such a license until next year.
The suit asserts that nothing in the state gaming law vests the board with the authority to re-issue a new license after revoking the original license issued to Foxwoods — something the board disputes.
After years of delays in getting the project going, the gaming board revoked Foxwoods’ license for a Philadelphia casino in December 2010 and the board is currently vetting applications for a new license.
NBC 10 adds: “The local SugarHouse investors also say a second casino license in the city would cause them ‘irreparable injury.’”
The Press of Atlantic City reports:
Gamblers might be wanted at Revel Casino-Hotel, but come August they won’t be playing poker.
The resort’s newest casino, which recently launched a “Gamblers wanted” marketing blitz, will close its poker room next month the casino said in a statement Tuesday.
“After careful consideration and in an effort to further improve the overall operating performance of Revel Casino-Hotel, management has made the decision to close our poker room operations effective August 2013,” the statement read.
The Press reports that Revel made just under $91,000 at its 37 poker tables in June, while the Borgata made $1.8 million from 80 tables during the same time period. Which: Ouch.
The Olde Richmond Civic Association voted 191-20 in support of the Wynn Casino proposal for Delaware Avenue at a Monday night meeting.
“The voting result speaks for itself,” said Olde Richmond’s Phillip Stoltzfus. “Olde Richmond residents reacted positively to the creation of jobs and restored public access to the Delaware River.”
Fishtown Neighbors Association, the New Kensington Community Development Corporation and Port Richmond On Patrol and Civic have also endorsed Wynn’s plan for 2,500 slot machines,100 game tables, a hotel and spa, a 30,000-square foot nightclub, and green space including a dog park and skating rink.
The Pennsylvania Gaming Control Board is expected to rule on the application next year.
Okay, we’re fairly certain that even those who didn’t make the list of Budget Travel Magazine’s Most Awesome Boardwalks have not reached a pit of despair so deep that they’ve been reduced to pursuing drug addiction. But these debates can get passionate, that’s for sure, when the stakes are high.
Everyone at the Jersey Shore is looking for tourism this summer, worried that Sandy, or national perceptions of Sandy, will keep people away. Budget Travel included area boardwalks at Atlantic City, Point Pleasant, Wildwood and Rehoboth–but did not mention Ocean City, NJ, which does, indeed, seem odd. But Ocean City, Maryland, got a strong mention, and perhaps the writers felt it would be too clunky to have two Ocean Cities on the list (far-fetched, we realize).
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Scores Atlantic City will look like this.
With the market looking up, there’s a lot of advice coming from various sectors about home buying. The New York Times’ Carl Richards, a renter, confesses to a moment of panic when he read economist Felix Salmon’s tweet quoting John Paulson: “if you rent, buy. If you own, buy a second home.”
Guess who else felt that panic? Half the people at Property and its parent company.
But as Richards points out, there’s little mystery to figuring out if you are in a good position to make the move. In fact, two of them are must-knows.
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Casino pastimes like gambling, smoking and boozing seem to go hand-in-hand with sex, and yet there has never been a gentleman’s club, strip club, nudie joint — or whatever else you want to call them — inside a United States casino. But that’s all about to change, thanks to Robert Gans, owner of Manhattan’s Penthouse Executive Club and Scores, two of New York’s most high-end adult clubs. Read more »
He was something between an inspiring commencement speaker and a Catskills comedian. Developer Bart Blatstein sat down with Philly Mag Editor-in-Chief Tom McGrath yesterday at the Barnes Museum to talk about development, casinos and other issues pertaining to the future of the city. It was a ThinkFest Salon, an event meant to keep the conversation going until the next ThinkFest in the fall.
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The ThinkFest Salon is a series of conversations with the boldest thinkers in Philadelphia. This evening at 6 p.m., the Salon features Bart Blatstein, one of the city’s most prominent and innovative real estate developers. Blatstein will talk with Philadelphia Magazine’s Editor-in-Chief Tom McGrath about casinos, building neighborhoods, and the way developers are changing the face of Philadelphia.
People interested in real estate–like all youse Property readers–won’t want to miss this one. For ticketing and event info, read on.
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