Casinos

Is Steve Wynn the Solution to the South Philly Foxwoods Problem?

The Bellagio
The Bellagio

The Gaming Control Board finally had it with Foxwoods futzing around with its plans for a South Philly casino. It threw down the financial hammer yesterday, fining the casino $116,000 and setting up the possibility that it may revoke its gaming license. But the really interesting tidbit tucked into the Inky feature is that during the hearing, Foxwoods’ lawyer mentioned an unidentified investor who was going to kick in the money and take over the management of the casino - something the financially strapped Mashantucket Pequot tribe, who was supposed to manage the casino, now seems unable to do. The article floats the rumor that the unidentified investor may be Las Vegas casino magnate (and Penn grad!) Steve Wynn. Now if we’re going to have a casino here, a Bellagio on the Delaware is something we might be able to get behind. With our luck though, it will be a Golden Nugget. With a Stephen Starr restaurant.

Regulators to Foxwoods: ‘Our patience is finished’ [Inquirer]

Is Steve Wynn the Solution to the South Philly Foxwoods Problem?