NEWS
September 13, 2011 | BY CHUCK DARROW, darrowc@phillynews.com 215-313-3134
THE REGION'S spring 2012 gambling calendar has added another red-letter date. Yesterday, it was announced that Valley Forge Casino Resort will open its doors sometime during the second quarter of next year. Already on the books for May are the grand openings of Revel, the $2 billion-plus mega-resort on Atlantic City's Boardwalk, and the debut of a multipurpose entertainment and exhibition hall at Sands Casino Resort Bethlehem that will allow that property to compete with Atlantic City for A-list headliners.
NEWS
March 22, 2011 | By Suzette Parmley, INQUIRER STAFF WRITER
At the seventh annual Pennsylvania Gaming Congress, the executive director for the City Planning Commission praised how smoothly things have gone with the city's only casino to date, SugarHouse, on the Penn's Landing waterfront, and he steered clear of any discussion of Foxwoods' revoked license to build a second gambling hall here. Alan Greenberger said SugarHouse followed the steps to creating a successful casino in an urban environment. He said the casino's management had created relationships with the local neighborhood groups, brought on top consultants to mitigate issues, such as traffic, hired a vast majority of its workforce from the nearby area, and invested in the community.
NEWS
September 6, 2011 | By Suzette Parmley, Inquirer Staff Writer
HARRISBURG - The powerful board that regulates Pennsylvania's nearly $3 billion casino industry took a hit after a grand jury report questioned whether it was too cozy with the gambling operators it was supposed to regulate and less interested with protecting the public's welfare than in boosting casino profits. The scathing 102-page report by the state attorney general, released in late May, criticized the board's use of secret meetings and suggested the agency awarded licenses to unsuitable applicants and withheld critical information that deemed them as such.
NEWS
June 20, 2011 | By Suzette Parmley, INQUIRER STAFF WRITER
Three Philadelphia-area casinos ranked in the top 5 among the state's 10 gambling halls in table games revenue last month, according to figures released Monday by the Pennsylvania Gaming Control Board. The three venues - Parx in Bensalem, Harrah's in Chester and SugarHouse on the Philadelphia waterfront - accounted for nearly 45 percent of May's $51.4 million in total table games revenue. Parx, which opened a $3 million high limit room last week to court high rollers and added more blackjack, poker, craps and baccarat tables to push its total to about 200, led the pack with $9.8 million in table games revenue last month.
NEWS
September 3, 2010
Pennsylvania State Treasurer Rob McCord filed a brief in his lawsuit against the Pennsylvania Gaming Control Board today. McCord sued the state gambling board on May 11, claiming it was intentionally keeping him out of its closed-door executive sessions and refusing to share confidential information. On Aug. 5, the gaming board filed a response, arguing to keep McCord out of such meetings and throw out the case. McCord's brief reiterates the merits of his case and for the court not to throw it out, McCord's senior adviser, Corinna V. Wilson, indicated today.
BUSINESS
May 3, 2012 | Suzette Parmley
April slots revenue at Pennsylvania's 11 casinos rose 1.3 percent to $214.1 million from a year ago, thanks largely to the opening of Valley Forge Casino Resort on March 31. Excluding the new casino in King of Prussia, slot revenue would have been down 0.6 percent year-over-year, but last month also had one less Friday and one less Saturday than April 2011. SugarHouse, on Penn's Landing, had the highest growth percentage, up 7.5 percent last month from last year, while Harrah's Chester — which is being renamed Harrah's Philadelphia — posted the largest decrease at 7.6 percent, according to the Pennsylvania Gaming Control Board, which released the figures Wednesday.
NEWS
April 4, 2012 | ASSOCIATED PRESS
PENNSYLVANIA'S 11 casinos pulled in more than $233.1 million in gross slot-machine revenue last month, setting an all-time monthly high since the state's first casino opened in November 2006 and cementing the state's status as the nation's second-largest gambling market. The slots totals released Tuesday by the Pennsylvania Gaming Control Board include revenue from two test nights and one day of operations at the state's 11th casino, Valley Forge Casino Resort, which opened Saturday.
NEWS
August 30, 2010 | ASSOCIATED PRESS
GETTYSBURG - Civil War preservationists are retrenching for another battle four years after defeating a proposal to build a casino near Gettysburg's historic site. Casino principals, supports and opponents will speak Tuesday in a public meeting with state regulators who are considering the license application. Developer David LeVan is a noted local philanthropist and former Conrail chairman. The Pennsylvania Gaming Control Board rejected his first plan in 2006 amid an outcry that gambling would sully the character of the battlefield considered by many to be the war's turning point.
NEWS
September 8, 2011
Commonwealth Court has denied a request from an investor group in the derailed Foxwoods casino project to delay for 60 days a hearing on the loss of the project's gaming license. Three investors who have taken over management of the project had wanted to hold off on a hearing, arguing that they wanted more time to try to negotiate with gaming regulators. In a filing last week, the Pennsylvania Gaming Control Board rejected the suggestion that a negotiated settlement could be possible.
NEWS
November 10, 2011 | ASSOCIATED PRESS
HARRISBURG, Pa. - A Pennsylvania appellate court panel is backing state gambling regulators' decision to revoke the license of the long-stalled Foxwoods Philadelphia Casino project. The state Commonwealth Court released its 6-1 decision Thursday to uphold the revocation by the Pennsylvania Gaming Control Board. The agency's board members voted in December to revoke the license it initially awarded in 2006, prompting the casino investors to appeal to Commonwealth Court. It was the first time the gaming board had revoked a $50 million casino license in its history.