According to Suzette Parmley of the Philadelphia Inquirer, the hotel has been acquired over the last week and would not be torn down. It would be built into a new, rebranded hotel as part of the 200,000 foot casino that would be built in the location. The deadline for applications for Philadelphia’s second casino license (Sugarhouse Casino has the first) is November 15th.
The casino would feature 2,000 slot machines, 125 table games, and a parking garage for 2,500 cars. It would not be the first casino built near professional sports stadiums. Rivers Casino in Pittsburgh is next to Heinz Field, Horseshoe Casino in Cleveland is a block away from Quicken Loans Arena and Progressive Field, and Baltimore is next to M&T Bank Stadium.
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