Monday, May 20, 2013

Philadelphia's current operators appear unfazed over prospects of new competition

PHILADELPHIA, Pennsylvania -- If this city’s current casino operators are worried about the prospects of a big new competitor in the market, they aren’t saying.

Pennsylvania gaming regulators by the end of the year should decide which of six proposals will be awarded the state’s final gaming license, for the Philadelphia area. The winner could be open for business two years later.

Meanwhile, Philadelphia’s casinos continue to seek ways to grow market share by draining business from Atlantic City and fending off competition from elsewhere in the state and from emerging gaming markets in New York and Maryland.  Read more here…

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