Opposing Visions for Second Philadelphia Casino License
At a hearing this week Penn National Gaming Inc. and Bart Blatstein’s Tower Entertainment L.L.C. offered very different visions of how they would use a second Philadelphia casino license.Penn National put forward an idea for a no-frills gambling hall whose main selling point was its convenience for customers arriving by car. On the other hand Tower Entertainment proposed “an integrated urban entertainment destination” which would aim to attract visits from people who don’t go to existing casinos as they don’t suit their style.
At the Pennsylvania Gaming Control Board hearing Commissioner Gregory C. Fajt expressed concern that there wasn’t enough demand for a second casino, as a result he thinks “we need to offer something more than a casino.”
Penn National argued that the power of its brand would bring in gamblers from South Jersey as well as the convenience of its proposed location. According to Penn National’s COO, Jay Snowden, surveys conducted by the company shows that gamblers pick casinos based upon convenience.
Tower Entertainment aims to bring in customers with dining, entertainment and a 125-room hotel. However, the company admitted that much of its custom would come from other casinos.