March 8, 2014 |
Elvis Costello, Jamie Foxx, and Johnny Winter lead the headliners at Atlantic City's casinos this weekend. You can catch Elvis Costello and the Imposters at 9 Saturday night in the Circus Maximus Theater at Caesars. (Tickets: $65-$105. Information: www.caesarsac.com , 1-800-745-3000.) The ever-prolific Costello's most recent recording is last year's Wise Up Ghost , a collaboration with Philadelphia hip-hop band the Roots. He does have a date on his docket with the Tonight Show ensemble, but that's at the Capitol Theatre in Port Chester, N.Y., on Wednesday.
February 28, 2014 |
During final arguments Wednesday on who should get Philadelphia's second casino license, applicants' lawyers took potshots at other proposals and dismissed SugarHouse Casino's argument that there are too few gamblers to support another casino. At the Pennsylvania Gaming Control Board's hearing in Harrisburg, the applicants, as well as SugarHouse and a neighborhood group opposed to the Provence, were allowed 15 minutes to summarize their cases without introducing any new evidence.
February 27, 2014 |
The five companies vying to build a second casino in Philadelphia are competing against each other, but also against the ghost of Foxwoods, which in 2006 won a license for a casino along the Delaware in South Philadelphia but failed to secure the money to build it. Current bidders - scheduled to make final arguments to the Pennsylvania Gaming Control Board on Wednesday - have used a variety of tactics to convince commissioners that they are not...
February 11, 2014 |
Linnea Zepf, 66, of Northfield, N.J., an Atlantic County social worker, died of lung cancer Wednesday, Jan. 29, at home. Since 2007, Ms. Zepf had worked for the Division of Intergenerational Services of the Atlantic County Department of Human Services, her daughter, Dawn Joslin, said. Born in Philadelphia, Ms. Zepf graduated from Cherry Hill West High School and earned a bachelor's degree in political science at the Richard Stockton College of New Jersey in 1989. She attended the Thomas M. Cooley Law School in Lansing, Mich., from 1991 to '93. At Pennsylvania State University, she and her daughter attended a short program, Ice Cream 101, Business Management for Ice Cream Retailers, Joslin said, "so we could open an ice cream store in Ventnor.
February 8, 2014 |
It is a silvery, soaring monument to a stream of bad decisions. Revel Casino Hotel in Atlantic City offers a remarkable tale of government and industry collaboration on what has proven to be a magnificent failure that has obliterated at least $2 billion in investments. Despite a bankruptcy last year that wiped out $932 million in debt and cut yearly debt payments by 96 percent, losses grew, leading Revel's hedge-fund owners to put the casino up for sale. A deal - for as little as $200 million - could happen this month.
February 1, 2014 |
Sitting in his office in Chicago, Neil Bluhm, SugarHouse Casino's chairman, was so disturbed by the financial predictions coming from this week's hearings on a second Philadelphia casino that he flew in Wednesday evening to speak to the state Gaming Control Board himself. "I felt I had to come down and tell them that if these numbers are right, they're going to have a mess on their hands," Bluhm said after Thursday's hearing. Bluhm, a Chicago real estate investor who entered the casino industry more than 15 years ago, was referring to the projections of how much gambling revenue SugarHouse would lose if a second casino opened in Center City or South Philadelphia.
January 31, 2014 |
THE OWNERS OF Live! Hotel & Casino told the state Gaming Control Board yesterday that their combined industry experience make them the best choice for Philadelphia's second casino license. "We are the owner-operators, and we are not depending on anyone else's money," said Joseph Weinberg, a president of Cordish Cos. Cordish has partnered with Greenwood Racing to form Stadium Casino, pitching the Live! project on Packer Avenue near Darien Street in South Philadelphia. Cordish already operates other casinos, including ones in Maryland and Florida, and owns Xfinity Live!
January 31, 2014 |
STEP RIGHT UP, ladies and gentlemen, and hear all about the life-changin', heart-racin', neighborhood-revitalizin' benefits of a new-fangled casino in Center City or South Philadelphia! OK, OK: The hucksterism didn't quite reach that level yesterday when the Pennsylvania Gaming Control Board held suitability hearings for two of the five applicants angling for the city's second casino license. But the honchos behind the proposed casinos - Market8, at 8th and Market streets; and Casino Revolution, at Front Street and Pattison Avenue - each stated that theirs was truly the best location for a new casino, and destined to spur development in their respective neighborhoods.
January 31, 2014 |
The casino projects with the least amount of land and the most presented vastly different plans to the Pennsylvania gaming board during the second day of hearings Wednesday for Philadelphia's second casino license. In each case, the size of the sites defined the shape and focus of the projects. Market8 would be a tall, compact project on two acres in Center City that catered as much to patrons arriving by foot or public transit as car. Casino Revolution would sprawl over 24 acres in the warehouse district of South Philadelphia and be driver-friendly.