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SugarHouse Stands Firmly Against a second gambling license in Philadelphia

The Philadelphia state gambling authorities will quickly announce their choice whether to accept a casino that is second for the location. 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 regarding the auction equal a big economic for the area authorities by means of income taxes. There are certainly a few investors who demonstrate interest in attaining a license to work video clip slots and casino dining table games in Philadelphia.

The current and license that is only in the state shows a desire to disrupt the negotiations and talks between the gambling authorities and the investors, stating that the regulators have actually concerning the present state of this gambling industry is incorrect, and may cause future financial uncertainty regarding the area.

The current permit owner, SugarHouse, made a statement last Thursday that there’s a considerable decrease in revenue from video clip slots. Moreover, it stressed the fact the neighboring state (nj-new jersey) and the crash of its gambling sector, with four casinos shutting straight down in one year, are unmistakeable indicators that the thickness of this marketplace is throughout the limitations.

The general manager of the company stated that if a second license is provided, it will not only affect SugarHouse negatively, but other local casino operators; affiliates and vendors will also suffer in an interview. 続きを読む »

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