pacomartin
pacomartin
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Joined: Jan 14, 2010
November 8th, 2010 at 2:37:37 PM permalink
Sugar House Casino in downtown Philadelphia seems to be off to a very slow start. Total earnings in the first full month are less than Mt. Airy (the smallest casino in PA).

Has anyone been there? Is it a cheezy casino? Both Philadelphia Park and Harrah's Chester in the Philadelphia suburbs made considerably more money their first full month in operation in Jan-Feb of 2007. Is the Philadelphia market saturated?

This doesn't seem to bode very well for the stalled Foxwood's Philadelphia (the casino where Steve Wynn was going to invest, but changed his mind).
silversonic2006
silversonic2006
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Joined: May 12, 2010
November 8th, 2010 at 4:13:16 PM permalink
Haven't been there, but that area seems to be very over-casino'ed. You have DE Park in Delaware, Harrah's Chester, Parx, and now in MD there's Hollywood Casino Perryville, which is slots-only. However, it does have the shiny, new machine factor and has the e-Table games (3-card poker, roulette, and lousy 6:5 single-deck blackjack).

David Cordish, the developer of the Arundel Mills slots project near Baltimore, MD wants to have a temporary, 2000 machine facility up by this spring, and the final 4750 machine facility will be up by 2012. It'll be very interesting to see what effect this has on Charles Town, with its high minimums. It'll also be interesting to see if he makes a big push for live table games in MD. Because of the way MD set up its slots operations, it would have to be approved for referendum by the legislature and then pass referendum, but Cordish seems to have the money and drive to make a referendum happen if he wants it, and Marylanders may well pass it, since they're at a disadvantage considering every surrounding state (except VA) has full casino gambling now.
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