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.
The holiday weekend is looking warmer and unsettled. Shower and thunderstorm chances increase late Sunday and Labor Day.
Temperatures will warm headed into Labor Day. Saturday is the pick day of the holiday weekend with dry conditions and highs in the low 80s.
It turns hot and humid by Sunday with sct. shower and thunderstorm chances increasing N&W anytime after 2/3PM. It should remain dry down the shore all day Saturday and most if not all of Sunday.
Saturday (82/62): Sun/Clouds
Sunday (89/70): Clouds/Storm
Monday (90/74): Clouds/Storm
Police release surveillance video of a man being shot and robbed of $70,000 in the parking lot of a supermarket in Northeast Philadelphia.
Authorities say a teenager drowned while reportedly trying to retrieve a soccer ball from a recreational reservoir in southeastern Pennsylvania.
A woman has died after being hit by three cars in Philadelphia's Logan section. Police say two of the vehicles drove off, and they're still searching for one of them.
We want to say congratulations this morning to Broomall-Newtown Baseball, which now has two Babe Ruth World Series winners in one year!
A huge data breach is affecting five major banks. Federal officials say they were hacked by cyber terrorists. What exactly happened? And can we protect ourselves or prevent it?
Philadelphia is gearing up for the big Labor Day weekend "Made in America" concert on the parkway. Find out what you need to know if you are planning on attending, and what you should not bother to bring.