While Pennsylvania residents are excited about casino table games, they are still waiting for one of their casino projects to be completed. The SugarHouse Casino project looks like the first one to be finished.
But Gambling tycoon Steve Wynn decided to pull out of his plan to take over the management of the Foxwoods casino projects on April 8th, 2010.
Negotiations were still ongoing and it is not known if the talks stalled or if Steve Wynn simply decided that he no longer had any interest in the Foxwoods project. That decision comes at a time when Pennsylvania is preparing for casino table games expansion.
Table games were approved by legislators earlier this year and many casino facilities in the state are expecting to have the games operation for players by summer.
Philadelphia has proven to be a difficult city to conduct business with for both casino facility projects. The SugarHouse casino project has been postponed several times for different reasons.
Some of the issues are a resistance from area residents who do not want the casino facility to be constructed in their area. That has caused Philadelphia to move slowly in approving the necessary construction permits.
Billionaire Neil Bluhm has been the main financer behind the SugarHouse project and the developers are hoping that a temporary casino will be open to the public by the end of 2010. Meanwhile, the Foxwoods casino project has been temporarily put on hold after Steve Wynn backed out of the agreement.
In December 2009, casino facilities in Pennsylvania had bigger slot machine revenue than casinos in Atlantic City for the first time in history. Pennsylvania casinos are planning to take advantage of that momentum once the casino table games are operational.
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