1. Parx Casino Philadelphia
2. Foxwoods Casino Philadelphia
3. Stadium Casino Philadelphia Construction News
4. Stadium Casino Philadelphia Construction Jobs
5. Stadium Casino Philadelphia Construction News

May 07, 2019 Developers say the Philadelphia casino under construction in the stadium district will open in late 2020 with 2,200 slots, 150 tables, and 200-room hotel. The World's Online Gaming Authority Since. Dec 03, 2018 Hotel and Casino in Philadelphia open for business before the end of 2020. Stadium Casino went before the board in a successful bid to win a two-year extension of time to begin slot machine. The casino as a whole is projected to generate around $2 billion in economic stimulus as well as $100 million in estimated tax revenues for the city in its first five years. In upwards of $25 million of that will go towards the Philadelphia School District, officials say. In addition, the casino will help to create over 5,000 new jobs.

Parx Casino Philadelphia

1. Stadium Casino RE LLC, an affiliate of The Cordish Companies and Gilbane Building Company, has held a traditional ‘topping off’ ceremony to mark the latest phase in the construction of the new Live! Casino & Hotel Philadelphia. Scheduled for a 2020 launch, the 1.5-million-square-foot facility will feature a sportsbook alongside 2,200 slots and electronic table.
2. South Philadelphia’s long-delayed Live! Hotel & Casino Philadelphia will be open and operating in 2020, according to developer Stadium Casino LLC. Gilbane Building Company is the general contractor for the project. Demolition is scheduled to begin in December 2018, with construction beginning in 2019.

The long-delayed Live! Casino and Hotel Philadelphia is now one step closer to becoming a reality. The property, an affiliate of the Maryland-based Cordish Companies, announced Gilbane Building Co. as the general contractor for the planned $700 million project. The target opening date is late 2020.

The Gilbane team, a global, family-owned company, brings 145-plus years of experience to the project.

Joe Weinberg, the managing partner of the Cordish Companies, spoke about the decision to go with Gilbane in a press release:

“Gilbane was a natural fit for this project because the team is so experienced in the hospitality industry and they bring a real understanding of our vision. Their reputation for quality and dedication to excellence is a core value we both share and expect for a project of this magnitude. We look forward to getting started.”

The complex is located in the heart of the South Philadelphia Stadium District. It will be just footsteps away from where the Philadelphia Eagles, Phillies, Flyers and Sixers play their home games. When finished, the 1.5 million-square-foot facility will “transform the area into the first integrated sports, entertainment and casino resort destination in the region.”

There is a pre-bid contractor information session on for Jan. 11. Xfinity Live!, the 4.4-acre entertainment district located within the sports complex that Cordish and Comcast-Spectacor own together, will host the event.

Stadium Casino project’s complicated history

Many may be wondering what is taking so long. Stadium Casino LLC won a Pennsylvania statewide bid for a casino license back in November 2014. The licensing process came about after the proposed Philadelphia-based Foxwoods Casino project failed to secure financing. The Pennsylvania Gaming Control Board ended up revoking its license.

The other players, including SugarHousealong with the three other applicants, decided to take the matter to court. The issue in question was tied to whether or not Greenwood Gaming and Entertainment owner Bob Manoukian’s stake in the Bensalem-based Parxprohibited him from owning more than one-third of another casino in the Keystone State.

Foxwoods Casino Philadelphia

The gambling expansion law passed in October 2017 made way for Stadium to secure a license. However, the project reached another crisis point when Greenwood decided to walk away back in October of 2018.

More about the Stadium Casino project

When completed, Live! Casino & Hotel Philadelphia will include 2,200 slots and electronic table games along with more than 150 live action table games. There will also be an upscale 200-plus room boutique hotel, nationally-recognized restaurants, and live entertainment venues.

In the short term, patrons will soon be able to place bets at the Greenwood-owned South Philadelphia Turf Club. The property is located across the street from the Live! Casino project. The retail sports betting operation will launch during the first quarter after Parx gets up and running. Parx plans to soft launch on Tuesday.

Live! in Maryland

Cordish is the company behind the other Live! Casino and Hotel located in Maryland. It’s located a little more than 100 miles south of Philadelphia. It features gaming, dining and entertainment options as well. The property has been open since June 2012.

Stadium Casino Philadelphia Construction News

The group building a new casino in South Philadelphia’s sports stadium district continues to make even more plans for its foray into the Pennsylvania casino industry. In fact, Stadium Casino, LLC is now headed online, or at least intends to go online eventually.

Stadium Casino, the Cordish Companies and Greenwood Racing partnership planning to open a second Philadelphia casino in 2020, became the third PA casino license holder to apply for an online gambling license last week.

Cordish runs Live!-branded casinos around the country. Greenwood Racing is the owner and operator of PA’s top-grossing Parx Casino in Bensalem.

Stadium beats the deadline, but barely

The jointly-owned company got its application in ahead of this Monday’s deadline to obtain a license to operate online slots, online table games, and online poker at a cost of $10 million.

For the next 30 days, PA casino license holders can still apply for separate online slots, online table games, and online poker licenses at a cost of $4 million each. After that, the Pennsylvania Gaming Control Board (PGCB) will begin accepting applications from qualified entities outside the PA casino industry.

Greenwood’s Parx Casino and the DeNaples family’s Mount Airy Casino Resort also submitted online gambling license applications prior to Stadium Casino applying.

An incomplete application

The difference with the Stadium Casino application is that it is, admittedly and unavoidably, incomplete.

In fact, Stadium Casino wrote into its application that it cannot currently provide all the information required. Mostly because it is currently under construction:

“Stadium’s current status and lack of an operating casino is so material because it renders Stadium a square peg to the interactive gaming petition process’ round hole, and deprives Stadium – presently – of the ability to provide various items of required information.

“For example, Stadium does not currently have any employees and, as such, cannot identify those which will be involved in the conduct of interactive gaming, identify how many employees will be hired for such purposes, or provide an updated hiring plan. Likewise, without an operating casino, Stadium is unable to provide detailed site plans of its planned interactive gaming restricted area or to rely on its record of operation in satisfying other elements of the petition requirements.”

The application appears to indicate Stadium Casino wants in PA’s online gambling market, just not right away.

Stadium Casino construction continues

In the meantime, construction of its $600 million casino and entertainment complex has begun. It started with the ongoing destruction of the former Packer Avenue Holiday Inn property in the sports stadium district.

Once it’s done, Stadium Casino will include a 200-plus room hotel, casino, five restaurants, nightclubs, and a parking garage. The casino will feature 2,000 slots and 125 table games. Plans are to open the doors in 2020.

Stadium Casino’s owners claim it will be the first comprehensive gaming, resort, entertainment, and sports destination in the US. However, its interest in the PA casino market does not end there, or with online gambling.

In January, gaming regulators accepted Stadium Casino’s $40,100,005 bid to build a satellite casino in the Pittsburgh-area’s Westmoreland County. Four other bids for satellite casino projects have also been accepted by the board this year.

Stadium Casino must submit a detailed application, including location information, for its license by the end of July.

Stadium Casino Philadelphia Construction Jobs

Category 4 satellite casino licenses allow for the operation of between 300 and 750 slot machines. License holders can also apply to operate up to 30 table games for an additional $2.5 million fee.

Stadium Casino Philadelphia Construction News

Photo by Frank Romeo / Shutterstock.com