Wynn Resorts Withdraws Business Development Plans In Pa. - Fox 2 News Headlines

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>>

  • After 27 Years, The Showboat Casino In Atlantic City Closes

    After 27 Years, The Showboat Casino In Atlantic City Closes

    Monday, September 1 2014 1:24 AM EDT2014-09-01 05:24:50 GMT
    The Showboat Casino in Atlantic City has cashed out for the final time. The boardwalk staple of 27 years closed its doors for good at 4 p.m. Sunday.
    The Showboat Casino in Atlantic City has cashed out for the final time. The boardwalk staple of 27 years closed its doors for good at 4 p.m. Sunday.
  • 3 Council Rock High School South Students Killed, 3 Hurt In SUV Crash

    3 Council Rock High School South Students Killed, 3 Hurt In SUV Crash

    Monday, September 1 2014 1:23 AM EDT2014-09-01 05:23:05 GMT
    Authorities say an SUV carrying six young people overturned in northeastern Pennsylvania, killing three and injuring the others.
    Authorities say an SUV carrying six young people overturned in northeastern Pennsylvania, killing three and injuring the others.
  • Summer Heat Returns

    Sunday, August 31 2014 5:14 PM EDT2014-08-31 21:14:08 GMT

    Summer is not over just yet!  90 degree temperatures will take us into September.  Much of the week ahead is looking hot with temps in the 90's and upper 80's.

    There is a chance of scattered showers and thunderstorms Monday and Tuesday.

    Unsettled weather will continue through Labor Day with temperatures soaring in the 90's.  We aren't looking at a washout but there will be pop up showers and thunderstorms in the afternoon and evening on Monday. 

    Monday (90/72): Clouds/Storm

    Tuesday (93/71): Clouds/Storm

    Wednesday (87/63) Mostly Sunny

     

     

Powered by WorldNow

WJBK-TV | Fox 2
16550 West Nine Mile Rd.
Southfield, MI 48075

Main Station: (248) 557-2000
Newsroom: (248) 552-5103

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