Play Bingo
Play Blackjack
Play Slots
Play Poker
Play Video Poker
500 Nations Free Casino Games

Wynn abandons Philadelphia casino plan

April 08, 2010

Steve Wynn has decided not to continue with his plans to build the Riverfront Casino in Philadelphia. In a statement by Wynn "This particular project did not, in the end, present an opportunity that was appropriate for our company".

The project was estimated at costing $600 million. The company was to provide $250 million and borrow the rest.

A spokes woman, Maureen Garrity, and Wynn's lawyer Frank DiGiacomo both declined comment after the statement was given.

Two casinos have been licensed in Philadelphia. Slot only casinos have also been allowed to add table games.

The 15 acre Riverfront Casino was to be located near the Delaware River. It was also to have table games, and 3,000 slot machines.

Originally it was the Mashantucket tribe that was to build the casino. The tribe is also the owners of the Foxwoods Resort Casino in Connecticut. Last year the tribe defaulted on part of their $2.5 billion debt. Currently there is a forbearance with lenders to restructure the borrowings until April 30th.

The tribe would have become a minor investor under Wynn's now terminated plan.

Return to Pennsylvania Casinos.


VOTED #1
Favorite Casino
Best Slots

by 500 Nations players

US PLAYERS WELCOME
A World-Class Casino! *Best Slots, Blackjack, Table Games, Sports Book.

Play 300 Free Games
No Sign-up | No Download
$3,000 Welcome Bonus
100% Match Redeem 3X
$3,000 Slots Bonus
100% Match Redeem 3X
Blackjack Weekends
Up to $100 casino bonuses
See All Promotions
Member benefits & promos.


Ignition Poker Room
US Players Welcome
$2,000 WELCOME BONUS

Rev up your action with this fully loaded Poker Room and hundreds of casino games!


Join Bovada Join Bovada
500 Nations is an independent directory and information service free of any gaming operator's control and not affiliated with any casino.
Warning: You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet. Do not assume that Internet gaming sites are in compliance with the rules and regulations of every jurisdiction from which they accept players. YOU are responsible for determining if it is legal for YOU to play any particular game or place any particular wager under the laws of the jurisdiction where you are located.