Looking for a Wynn in Philadelphia
Steve Wynn goes before Pennsylvania Gaming Control Board on Wednesday to seek approval for a new design for the Foxwoods casino planned for Philadelphia. Foxwoods license is in jeopardy unless the casino regulators can be convinced that Foxwood’s investors have a feasible and fully financed project.
Steve Wynn goes before Pennsylvania Gaming Control Board on Wednesday to seek approval for a new design for the Foxwoods casino planned for Philadelphia. Foxwoods license is in jeopardy unless the casino regulators can be convinced that Foxwood’s investors have a feasible and fully financed project.
WHYY’s Tom MacDonald has more on what Wynn recently revealed about his vision for South Philadelphia. Wynn was once the owner of The Golden Nugget casino in New Jersey. [audio:100229TMWYNN.mp3]
It’s been more than two decades since Steve Wynn exited Atlantic City and concentrated on building mega casinos in Las Vegas and Macau among other locations. He is excited about returning to the region with Foxwoods. Philadelphia Mayor Michael Nutter, who has never been a fan of the South Philadelphia site, says he has already talked with Wynn’s representatives about community concerns that have come up in the past.
Nutter: To the extent that they can adjustments to what the original proposal was to accommodate those concerns, that certainly will be fruitful in the conversation and we’ll see what happens.
Wynn spoke about his new project during a conference call to investors, saying it will be a “cute casino” that will appeal to regional gamblers, but has indicated that his Foxwoods won’t have the 500 room hotel that was proposed in the original plan.
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