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(Philly.com)   Philadelphia's first casino objects to a second casino because competition is hard   (philly.com) divider line 19
    More: Obvious, Philadelphia, gaming control board, slot machines, casinos, objects, Pennsylvania Gaming Control Board  
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683 clicks; posted to Business » on 17 Dec 2013 at 9:27 AM (35 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



19 Comments   (+0 »)
   
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2013-12-17 09:35:32 AM
www.mentalfloss.com
 
2013-12-17 09:46:00 AM
The Sugarhouse Casino is one of about 4 or 5 casinos that sprung in the Philly area recently:

Sugarhouse: In Philly
Harrah's: In Chester (about 15-30 minutes Southwest)
Parx: In Bensalem (about 20 minutes north)
Valley Forge: About 45 minutes west
Sands: in Bethlehem (about 1 hour north)

This is just for information purposes.  I'm sure Philly could support another casino, and hopefully one better than Sugarhouse, but I wouldn't want more than 2.  Philly shouldn't become a casino town, just a town with a casino (or 2).

/Much better than going all the way to Atlantic City for sure
 
2013-12-17 09:50:24 AM
If you enjoy throwing your money away, a casino is a great place to do it.  But they should compete for the chronically addicted like everyone else.
 
2013-12-17 09:54:31 AM
Sounds like the Cherokee nation vs the keytowwa tribe(probably misspelled) in eastern Oklahoma.
 
2013-12-17 10:03:57 AM
There's something sort of refreshing about the casino saying flat-out that they don't want another casino because it'll hurt their profits, instead of trying some BS angles about caring about the public.

I recall last year there was a proposition on the ballot in Maryland to allow some casinos, and the airwaves were blanketed by ads from a group that may as well have been called The Society That Cares About Puppies, Kittens, Children, Schools, and Everything Else Wholesome, all of which had people claiming to be teachers, firefighters, whatever, claiming that new casinos will KILL YOUR CHILDREN WITH CRIME, won't bring in any real tax revenue, etc.

They were working, too. Then shortly before the election it was learned that the "Society", which had resisted releasing its funding sources, was almost entirely funded - more than $20 million - by West Virginia casinos worried about the competition! Fancy that! Support for the proposition surged after that.

At least this casino is honest.
 
2013-12-17 10:06:11 AM
I truly hate that there's a casino in Valley Forge.  Sure, it's not actually in Valley Forge national park, but way to honor our Revolutionary history.... with gambling.

I might get a whopping few hundred dollar tax credit on my property taxes because we sold our collective souls to line the pockets of the people behind these casinos.  They do nothing, absolutely nothing to make this state a better place.
 
2013-12-17 10:43:29 AM

BunkyBrewman: I truly hate that there's a casino in Valley Forge.  Sure, it's not actually in Valley Forge national park, but way to honor our Revolutionary history.... with gambling.

I might get a whopping few hundred dollar tax credit on my property taxes because we sold our collective souls to line the pockets of the people behind these casinos.  They do nothing, absolutely nothing to make this state a better place.


Casinos are parasites.  They used to be illegal until corporations took over the scam.
 
2013-12-17 11:07:22 AM
Pennsylvania politics at its finest. Encourage monopolies, and then reap the benefits of no competition and closed markets.
 
2013-12-17 11:13:59 AM
Casinos are reaching or may have reached the saturation point. I seriously doubt there is enough of a market to support another but that is not always the way PA politicians think. Some seem to see gambling as a bottomless well of revenue while disregarding any social costs.
//Ignorance is bliss
 
2013-12-17 11:35:13 AM
Another big issue is that NJ just legalized online gambling. I have to presume an awful lot of the money trickling in to those casinos were from Jersey vacationers.
 
2013-12-17 11:39:03 AM

monoski: Casinos are reaching or may have reached the saturation point. I seriously doubt there is enough of a market to support another but that is not always the way PA politicians think. Some seem to see gambling as a bottomless well of revenue while disregarding any social costs.
//Ignorance is bliss


Why do I need enough market to support another one?  Mine will be so much better that yours will go out of business.  Sucks to be you.
 
2013-12-17 11:57:47 AM
As much as I support the free market for any business, there really is no need for another Philly casino, IMO. If they want to open, so be it. But Philly is not a large city, and the city itself is surrounded by a couple casinos in the suburbs.
Look what is going on in Atlantic City due to too many casinos and not enough people...at least two are in bankruptcy at the moment.
 
2013-12-17 01:05:29 PM

MBZ321: Look what is going on in Atlantic City due to too many casinos and not enough people...at least two are in bankruptcy at the moment.


That's because of the Delaware and Philly casinos taking their customers.  I do love seeing casinos go out of business, though.  There should be classes taught in the public schools about the futility of betting against the house.
 
2013-12-17 01:37:36 PM
Philadelphia's city government right now is behind the push for a second casino. Right now the only one in the city proper and producing tax revenue for the city and its budget disaster is Sugar House, which is by far the worst casino I've ever been in. Its cramped, it looks like a warehouse, there is nothing else to do in there other than gamble, table games are too few, no poker room, and the crowd inside and waiting outside is unsafe. So the middle class suburban crowd hits the four casinos in the burbs no reason to drive into the city. So if building another casino within the city borders steals part of the suburbs lunch while at the same time forcing Sugar Hood to up its game, thats a net gain for Philly city.
 
2013-12-17 02:57:53 PM

monoski: Casinos are reaching or may have reached the saturation point. I seriously doubt there is enough of a market to support another but that is not always the way PA politicians think. Some seem to see gambling as a bottomless well of revenue while disregarding any social costs.
//Ignorance is bliss


I tend to agree that it's hard to see so much demand for casinos. But, if PA ever allows video poker and slots in bars, you might see what I see in OR. Every strip mall has a VP/Slot place. Sometimes 2. These are in addition to bars and restaurants that also have gaming. I'm not really exaggerating when I claim that every strip mall has a Dotty's or Richards "Deli".

So, I suspect we're both wrong about the demand for gambling.
 
2013-12-17 03:00:45 PM

BunkyBrewman: I truly hate that there's a casino in Valley Forge. Sure, it's not actually in Valley Forge national park, but way to honor our Revolutionary history.... with gambling.

I might get a whopping few hundred dollar tax credit on my property taxes because we sold our collective souls to line the pockets of the people behind these casinos. They do nothing, absolutely nothing to make this state a better place.


Well it is already right next to one of the biggest malls on the east coast (which is going to get bigger merging the Plaza and Court) and was put in the convention area of the Raddison Hotel.  If it wasn't for all the signs you'd never know it was there.  The park is currently infested with tons of anorexic hooved rats but is still a beautiful place to hike or bike.
 
2013-12-17 03:06:42 PM
CAN I PLEASE JUST BET ON FOOTBALL AND NOT HAVE TO TRAVEL TO VEGAS!

/NEEDS TO BE SHOUTED
 
2013-12-17 03:27:59 PM

flynn80: BunkyBrewman: I truly hate that there's a casino in Valley Forge. Sure, it's not actually in Valley Forge national park, but way to honor our Revolutionary history.... with gambling.

I might get a whopping few hundred dollar tax credit on my property taxes because we sold our collective souls to line the pockets of the people behind these casinos. They do nothing, absolutely nothing to make this state a better place.

Well it is already right next to one of the biggest malls on the east coast (which is going to get bigger merging the Plaza and Court) and was put in the convention area of the Raddison Hotel.  If it wasn't for all the signs you'd never know it was there.  The park is currently infested with tons of anorexic hooved rats but is still a beautiful place to hike or bike.


I know! Beautiful park and I've mountain biked up (and down) Mt Misery. I know, no bikes allowed on that trail. What can I say. I'm a rebel.
 
2013-12-18 02:23:18 AM

Shelbyville: Philadelphia's city government right now is behind the push for a second casino. Right now the only one in the city proper and producing tax revenue for the city and its budget disaster is Sugar House, which is by far the worst casino I've ever been in. Its cramped, it looks like a warehouse, there is nothing else to do in there other than gamble, table games are too few, no poker room, and the crowd inside and waiting outside is unsafe. So the middle class suburban crowd hits the four casinos in the burbs no reason to drive into the city. So if building another casino within the city borders steals part of the suburbs lunch while at the same time forcing Sugar Hood to up its game, thats a net gain for Philly city.


When casino gaming was passed in PA, the law was written that Philly and Pittsburgh (Allegheny) would each have two casinos.  The fact that the second one hasn't been built in Philly yet means that the state is withholding funding that was promised to the city based on two casinos.

Everyone knew what they were getting into when they applied for their licenses.  Valley Forge Convention Center couldn't close its doors quick enough, and they're apparently doing quite well.

I live in Philly and have never been in Sugar House, as I've heard nothing positive about it; even the food sucks, and that's a cardinal sin for a casino.
 
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