The Wynn Resorts have announced that they will not pursue business opportunities in Philadelphia. The Board of Directors announced this decision today and will withdraw its licensing applications in Pennsylvania.
According to the board, factors that included the Philadelphia market performance over the past year and the recent gaming approval by the state of New York have made Wynn Resorts refocus its development strategy.
Wynn Resorts currently has hotels and casinos in Las Vegas and Macau. They had previously applied to create a five-star gaming resort in the city of Philadelphia. It would have been in the Fishtown neighborhood and overlooked the Delaware River. The estimated cost would have been $925 million.
Rain at times expected tonight, Friday, and early Saturday. Another fall-like blast of cool weather to follow for the weekend.
Expect unsettled weather through Saturday morning as waves of showers and thunderstorms move through the area. Some of the storms may bring heavy downpours later this afternoon.
It's still muggy out there. Things start to change tomorrow afternoon, as the rain clears out, and much cooler air moves in making it feel more like fall. Sunday is nice with a cool breeze and unseasonably low temperatures which last though early next week.
Mayor Michael Nutter says the city is already planning a celebration to honor the Dragons in the near future.
Crews are at the scene of a fire that started just before 4 a.m. Friday and reached two alarms before being placed under control.
Philadelphia police are asking for the public's help to identify a teenager in connection with a vandalism and explosion in Philadelphia's Francisville section.