6 Philly casino applicants make pitch to state gaming board
The Pennsylvania Convention Center will play host to a beauty contest of sorts, as six groups of wealthy businessmen and casino company representatives pursue a casino license in Philadelphia.
The Pennsylvania Gaming Control Board's daylong hearing Tuesday at the convention center will give each applicant about 45 minutes to showcase their casino plans.
The 9 a.m. meeting will be streamed live on the gaming board's website. A licensing decision will take months.
The applicants include casino developers from London, Pennsylvania and Las Vegas, as well as Philadelphia-area developers and a man who founded one of the country's largest wholesale fruit and vegetable distributors.
The 2004 state gambling law calls for two casinos in Philadelphia, one of which, Sugarhouse Casino, is up and running. The gambling board revoked the second license for a long-stalled Foxwoods project in 2010.