Category Archives: casinoland itunes

  • -

SugarHouse Stands Firmly Against A gambling that is second license Philadelphia

SugarHouse Stands Firmly Against A gambling that is second license Philadelphia

The Philadelphia state gambling authorities will quickly announce their decision whether or not to accept a second casino permit for the spot. November the Gaming Control Board of the state will discuss and vote on the proposal on the 18th of.

The vote will undergo an inspection that is strict control as the stakes associated with the auction equal a massive economic for the local authorities by means of taxes. There are a few investors who have shown desire for attaining a license to work video clip slot machines and casino table games in Philadelphia.

The present and license that is only in the state has shown a desire to disrupt the negotiations and conversations involving the gambling authorities while the investors, stating that the regulators have in regards to the current state for the gambling industry is incorrect, and could cause future financial uncertainty associated with the area.

The license that is current, SugarHouse, made a statement last Thursday that there is a considerable decrease in income from video clip slots. More over, it stressed the fact that the neighboring state (nj-new jersey) therefore the crash of its gambling sector, with four casinos closing straight down in a single 12 months, are unmistakeable indicators that the density associated with market is throughout the limits.

In an meeting, the general supervisor associated with the company reported that when an extra license is provided, you won’t only influence SugarHouse adversely, but other local casino operators; affiliates and vendors may also suffer.

Read More