Wynn Resorts Withdraws Business Development Plans In Pa. - FOX 35 News Orlando

Wynn Resorts Withdraws Business Development Plans In Pa.

Posted: Updated:
PHILADELPHIA -

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.

  • Local NewsMore>>

  • Tip Leads To Marijuana Bust Inside Havertown Residence

    Tip Leads To Marijuana Bust Inside Havertown Residence

    Tip Leads To Marijuana Bust Inside Havertown Residence

    Thursday, April 24 2014 12:31 AM EDT2014-04-24 04:31:43 GMT
    Haverford Police have arrested a local doctor and his daughter accused of growing and distributing marijuana inside their home.Haverford Police have arrested a local doctor and his daughter accused of growing and distributing marijuana inside their home.
    Haverford Police have arrested a local doctor and his daughter accused of growing and distributing marijuana inside their home.
    Haverford Police have arrested a local doctor and his daughter accused of growing and distributing marijuana inside their home.
  • DUI Driver Will Not Be Charged In Teen's Death

    DUI Driver Will Not Be Charged In Teen's Death

    Thursday, April 24 2014 12:24 AM EDT2014-04-24 04:24:27 GMT
    Cops say a driver accused of hitting and killing a Bucks County teen and injuring another while driving under the influence of prescription drugs and cocaine will not be charged.
    Cops say a driver accused of hitting and killing a Bucks County teen and injuring another while driving under the influence of prescription drugs and cocaine will not be charged.
  • Forest Fire Burning In Cumberland County

    Forest Fire Burning In Cumberland County

    Wednesday, April 23 2014 11:17 PM EDT2014-04-24 03:17:05 GMT
    Skyfox was over the scene near Ackley Road in Downe Township Wednesday night.
    Skyfox was over the scene near Ackley Road in Downe Township Wednesday night.
Powered by WorldNow

35 Skyline Drive
Lake Mary, FL 32746

Phone: (407) 644-3535
News Tips: (866) 55-FOX35

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices