Steve Wynn Looking to Bring Live Poker to Philadelphia - We're Excited
Poker is coming to Philadelphia thanks to the recession. Foxwoods is a familiar name to anyone who plays poker in New England. Since 2006 the Mashantucket Pequot tribe that owns the Foxwoods casino complex in Connecticut has also had a license to build another casino bearing the Foxwoods name in Philadelphia, but repeated delays in starting development during that time have them in danger of losing that license. Now it looks like the man who has done more for live poker than any other casino builder and operator, Steve Wynn, is stepping in to try to make the project a reality.
The 67-year-old casino magnate’s company, Wynn Resorts, has signed a letter of intent to take over the development licensed to the Mashantucket Pequots and bring a “straightforward casino” to the Philadelphia waterfront. While there will be no hotel on site, Wynn said during a recent conference call that the new casino would include “all the bells and whistles,” including a poker room. Poker was legalized in Pennsylvania casinos last month.
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Posted by Jay Brewer at February 26, 2010 9:14 AM
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