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  • Posts Tagged ‘Foxwood’

    Foxwood Casino Requests Extension from Gaming Board

    Saturday, August 29th, 2009

    Back in 2006 the Philadelphia Gaming Control Board gave owners of Foxwood  Casino the ok to start construction. They were presented with a design and quickly saw it as a step forward in the direction of new revenue. Unfortunately delays have caused the casino’s actual building to be put off.  Owners of Foxwood Casinos in south Philadelphia just requested an extension to 2011 to open their casino.  The casino would feature 1,500 slot machines and bring in potential revenue not only to the state, but also fund many new park programs, educational incentives and rehabilitation projects.

    Back in 2006 the Philadelphia Gaming Control Board were sure that the project would work well. The chairman Greg Fajt stated, “We expect this project to move quickly. And we expect the casino to be on Columbus Boulevard and be substantially similar to what we approved in December 2006.” With the added request for an extension, Foxwoods Casino owners are also being threatened by the Gaming Control Board. The Board is now stated they are in danger of losing their licenses altogether if they don’t open their casino by May 2011.

    Back in 2006 when the Philadelphia Gaming Control Board gave out the licensing for five casinos in the area, they were hoping a quick opening would set the stage for income from gambling taxes. Of the five casinos however, three are up and running and the other two are still in construction stages. 

    One, SugarHouse Casino hopes to be open by spring, but they are coming up against strong opposition from organizations against gambling in the area.  Protestors have made themselves obnoxiously known throughout construction, even threatening to lay in front of bulldozers to halt business. 

    The three other casinos are all open for business.  They are a reasonably successful and proving that gambling is a huge pastime with citizens of ever state.  The monies projected to come in for each one are set to increase throughout coming years as casinos are working to make deeper discounts and better payouts.  Marketing officials are working overtime also to bring the best product to the market. Competition is pushing every casino to up their ante in terms of what they offer go the gambling public.

    Tags: Foxwood, Philadelphia
    Posted in Uncategorized | No Comments »

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