SugarHouse Stands Firmly Against a second gambling license in Philadelphia

SugarHouse Stands Firmly Against a second gambling license in Philadelphia The Philadelphia state gambling authorities will quickly announce their choice whether 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 regarding the auction equal an enormous economic for the area authorities in the form of income taxes. There are a few investors who have shown curiosity about attaining a permit to work video slot machines and casino table games in Philadelphia. The current and only license owner in the state indicates a desire to disrupt the negotiations and conversations involving the gambling authorities as well as the investors, stating that the regulators have actually concerning the current state of this gambling industry is incorrect, and may even cause future monetary instability of this area. The current license owner, SugarHouse, made a statement last Thursday that there is a considerable reduction in revenue from movie slots. More over, it stressed the truth that the state that is neighboringnj-new jersey) plus the crash of its gambling sector, with four casinos closing straight down in one 12 months, are unmistakeable indicators that the density associated with the market is within 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. Wendy Hamilton further expressed her fears that if there is ‘another lips during...
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