The Riverwalk group argued that PGCB deliberated in private andwrongly decided against its location and proposal. Riverwalk wasthe only one of five license applications for Philadelphia's twocasinos to be endorsed by Mayor John Street.

PGCB chairman Tad Decker applauded the decision, calling it"another significant step toward fulfilling the legislature'svision to establish legalized gambling in the City of Philadelphiaand producing tax dollars and jobs that will benefit allPennsylvanians." While it may be a "significant step," it is farfrom the last, as hasreported.

On the day of the court decision, the Philadelphia PlanningCommission held a hearing regarding Foxwoods Casino's $560-milliondevelopment plan, including whether or not to create a specialcommercial entertainment district at the South Philadelphia site.After a contentious, four-hour meeting, the commission tabled adecision until Aug. 21.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.