It would be the second casino in the city
Harrah’s to invest in long-stalled Philadelphia casino
(US).- Harrah's Entertainment has signed an agreement to invest in and manage the long-stalled Foxwoods casino project in South Philadelphia. It's contingent on approval from the Pennsylvania Gaming Control Board.
2010-11-01
Reading time 22 seg
The project hasn't had a lead investor since billionaire casino mogul Steve Wynn backed out in April. The Philadelphia Inquirer reports Harrah's and the Foxwoods partners have a deal to put up a us$ 438 million gaming hall on South Columbus Boulevard.
Doug Harbach, a spokesman for the gaming board, says officials will need time to review the paperwork before making a decision.
The casino would be the second in Philadelphia, which became the largest city in the country with casino gambling when the Sugarhouse Casino opened in the city's Fishtown/Northern Liberties neighborhood last month.
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