Picking Philly’s Second Casino Will Take a Year

The bids are in: Now the Pennsylvania Gaming Control Board will take a year or more to sift through the six applications and decide who—if anybody—gets Philadelphia’s second casino license. “It’s not going to be a short process and it’s going to take as long as it takes,” said R. Douglas Sherman, the board’s chief counsel. “We’re going to deal with each project separately.” Each bid will be evaluated according to background checks of its backers, a determination of financing, an investigation of the effects of its location, and so forth. In February, each applicant will make a presdentation to the board; public hearings in Philadelphia will take place by next summer. [Gaming Today]