Déjà vu As Wynn Withdrawals From Philly Casino Project
Déjà vu As Wynn Withdrawals From Philly Casino Project
The Inquirer is reporting that Wynn Resorts is, for the second time in three years, withdrawing its application for Philadelphia’s second casino license.
“The board took a host of factors into consideration, including the Philadelphia market performance over the past year and the competition which will result from the recent approval of gaming” the company said in a statement.
Wynn bragged about its ability to create a casino resort on the Delaware that would entice wealthy gamblers to Philly and totally revolutionize the Philly gaming industry but in the end, a la 2010 with the Foxwoods project, Wynn pulled out with little or no explanation.
