Morning Headlines: Casino Developer Faces NIMBY Opposition in South Philly

 

Rendering of Live! Hotel and Casino via PlanPhilly

Rendering of Live! Hotel and Casino via PlanPhilly

Earlier this week, Joel Mathis announced that the Pennsylvania Gaming Control Board will soon bestow Philadelphia’s second casino license to one of the four applicants left. But with rumors that one of the contenders has the license in the bag, and the approval not due till the 18th, residents in South Philadelphia are rallying in protest.

According to NewsWorks’ Bill Hangley, residents are fighting against Stadium Casinos, LLC’s proposed Live! Hotel and Casino that would be at 10th and Packer. Their main issue with the proposed development? It’s proximity to the stadium complex. From NewsWorks:  Read more »

State Poised to Strike Casino Firearms Ban

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The State of Pennsylvania appears ready to strike down its longstanding casino firearms ban.

Casinos would still be able to bar guns from their premises, under the new rule to be considered next week by the Independent Regulatory Review Commission. But the current blanket ban — in effect since 2008 — appears to be illegal under a 2011 state law restricting the ability of state agencies to regulate firearms.

Don’t expect Pennsylvania casinos to become a shooting gallery, however.

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Stockton College to Buy Former Showboat Casino

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Caesars, which owns the now-shuttered Showboat Casino that closed August 31st, has signed an agreement to sell the property to Stockton College.

“If the transaction of Showboat Atlantic City is completed, Stockton will acquire approximately 28 acres and a 1,425,000 square-foot building,” the statement said. “Stockton said it plans to repurpose the former Showboat site as a branch campus. The transaction is subject to completion of due diligence by the College and the negotiation and execution of a definitive agreement.”

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Thousands of People Lost Their Jobs in Atlantic City and Donald Trump Is Gloating

On August 31st, Showboat Atlantic City closed its doors for the final time. On September 2nd, Revel did the same. More than 5,000 people lost their jobs — dealers, security guards, waitresses, maids, bartenders. When Trump Plaza closes later this month, the total will rise to about 6,000 unemployed casino workers.

Donald Trump, of course, thinks people should also mention Donald Trump — and his wise move of “getting out” of Atlantic City “before its demise.” Perhaps we should examine Trump’s history in Atlantic City.

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Revel Went Out With an Early-Morning Fire Alarm

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Revel on its last day. Photo | Dan McQuade

The Revel couldn’t even close without a little drama.

With just five hours until closing, the fire alarm at Revel went off. At 1 a.m., the casino emptied of patrons and workers. Most of the patrons strolled away from the casino for the last time, while the workers gathered outside posed for group photos on their final night. Revel closed at 6 a.m. Tuesday morning, just over two years after its opening was supposed to usher in a revitalization of Atlantic City’s northern end of the boardwalk.

Bayani, a Revel dealer, exited the casino and stared out at the ocean, the fire alarm still shrieking inside the soon-to-be-shuttered casino. “What else can they do to me?” he said to no one in particular. He laughed.

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Revel to Shut Down on September 10th

Revel Hotel and Casino in Atlantic City on June 5, 2013. The Revel opened on April 1, 2012 at a cost of 2.4 Billion dollars. Photo | Shutterstock.com

Revel Casino Hotel, the glittering Vegas-like casino that was supposed to revitalize Atlantic City’s casino industry, announced today it has failed to find a buyer and will shut down on Sept. 10.

Next month’s closing means 3,100 workers will lose their jobs.

While gorgeous, the hotel — the tallest building in Atlantic City and second-tallest in New Jersey — did not get good reviews. While he was impressed by the hotel room views, our own Victor Fiorillo gave it a scathing review when he attended a Maroon 5 show there in May 2012. And after booking Maroon 5 and Beyoncé when Ovation Hall opened, the concert hall then went dark for months.

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Gaming Control Board ‘Working Hard’ on Casino Bid, Says Gaming Control Board

It’s been months since records on the bidding process for Philadelphia’s second casino were closed on February 26th. And, still, no progress! It’s been so long that Penn National dropped out of the process, following Steve Wynn’s pullout earlier.

There are now just four companies vying for Philly’s second casino license: Bart Blatstein’s Provenance at the old Inquirer Building, the downtown Philly Market 8 casino group, the proposed casino at the current site of a Holiday Inn near Citizens Bank Park, and Casino Revolution at Front and Packer. And how’s that second license approval — or, perhaps, a rejection of all four bids — coming along?

Well, the board’s last private session on the bids was a month ago. But, per Gaming Control Board chairman William Ryan, the group is “working hard.”

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Donald Trump Sues to Get His Name Off Atlantic City Casinos

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Donald Trump is in the news again, because Donald Trump is good about exploiting slow news periods to get his name in the press. Wait until this time next year, when he’s going on TV to talk about how he’s exploring a presidential bid. With the election still a bit too far away to start a run for president — okay, maybe not — Trump has turned his gaze back toward the town he’s associated with in name only now: Atlantic City.

There’s actually a much more interesting story here than Trump talking about politics or ebola: The Donald is suing the company that runs the two casinos bearing his name, demanding his name be taken off the properties. Trump Entertainment Resorts is a descendant of the company he founded in the 1980s; he holds a 10 percent stake in the it. The piece of the company he owns allows the two casinos to use his name.

In 2009, Trump said he was “not thrilled about” his name being on the casinos.

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