Regulatory issues have delayed a proposed casino mega-development in South Philadelphia.
Chris Mondics reports: "In a decision likely to further delay the opening of a second casino in the city, the Pennsylvania Supreme Court on Tuesday ordered gambling regulators to take another look at Stadium LLC’s application to build a hotel and casino complex in South Philadelphia."
The planned casino would invest $450 million at the current site of a Holiday Inn at Ninth Street and Packer Avenue in the city's stadium district, according to Mondics. The plan calls for "a 2,600-car garage, a 200-room hotel, 2,000-plus slot machines, more than 100 table games, and other features."
"Stadium’s Live Hotel & Casino project initially won the Gaming Control Board’s approval in 2014, and soon after won the support of the city Planning Commission as well as community organizations," adds Mondics.
The land use and economic development proposition of casinos has been a source of controversy in Philadelphia since the Pennsylvania State Legislature passed a law allowing the creation of gaming establishments in 2004.
FULL STORY: Pa. Supreme Court orders new look at Philly casino project
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Mpact (formerly Rail~Volution)
Great Falls Development Authority, Inc.
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