- The Casino File: Live! Philadelphia opening delayed until 2021, but its owner's PA push is underway – plus Bally's news and an Ocean win Maryland-based Cordish Gaming Group is poised to become a major player in the Keystone state.
- Nov 5, 2020, 5:41pm EST A new restaurant serving traditional Southeast Asian dishes like dim sum and wok-fried noodles is the latest newcomer to the star-studded culinary scene at the forthcoming.
SugarHouse, Parx and Harrah's are about to have that much more competition in Philadelphia as Live! Casino and Hotel is set to open a $700 million property by the end of 2020.
Hotel is now open. Book Now or call 443-842-7200 to make your reservation. Spa, Fitness Center, Live! Shop, Luckies, David's and Lobby Bar at David's remain closed until further notice. At Live Casino & Hotel, we have taken enhanced health and safety measures—for you. There's a new casino headed to Philly! Expected to be completed in 2020, Stadium Casino is a new venture owned and operated by the Cordish Company (owners of Xfinity Live! And Maryland Live!) and their partners Greenwood Gaming & Entertainment Group (owners of Parx Casino). What do we know right now?
The mammoth building will be located in walking distance to Citizens Bank Park, giving Parx's South Philadelphia Turf Club sportsbook competition on the same block.
The close proximity to the South Philadelphia Sports Complex should benefit Live! Casino immensely.
'The new Live! Casino & Hotel spearheads the transformation of the Philadelphia Stadium District into an integrated sports, entertainment and casino resort destination,' a statement from Live! Casino & Hotel said. 'The project sits adjacent to Xfinity Live!, the highly successful dining, entertainment, and hospitality destination developed and owned in partnership between The Cordish Companies and Comcast Spectator … The opening of the $700 million casino resort destination will transform the Philadelphia Stadium District into the only place in the country to experience big league action from four major professional sports teams, best-in-class dining and entertainment, and world class gaming and hotel accommodations.'
As a comp, the top physical sportsbook in New Jersey – FanDuel – operates in the shadow of MetLife Stadium in East Rutherford and the top retail shop in the state of Pennsylvania is Rivers Casino – which is steps from Heinz Field in Pittsburgh.
Even with online sports betting about to kick off in Pennsylvania, industry experts believe the physical books will still get plenty of traffic.
'Retail will always be a viable part of our success,' FanDuel President and COO Kip Levin told MetroBet last month. 'There's a healthy social aspect at a physical sportsbook as people want to be there with their friends.'
- The Casino File: Live! Philadelphia opening delayed until 2021, but its owner's PA push is underway – plus Bally's news and an Ocean win Maryland-based Cordish Gaming Group is poised to become a major player in the Keystone state.
- Nov 5, 2020, 5:41pm EST A new restaurant serving traditional Southeast Asian dishes like dim sum and wok-fried noodles is the latest newcomer to the star-studded culinary scene at the forthcoming.
SugarHouse, Parx and Harrah's are about to have that much more competition in Philadelphia as Live! Casino and Hotel is set to open a $700 million property by the end of 2020.
Hotel is now open. Book Now or call 443-842-7200 to make your reservation. Spa, Fitness Center, Live! Shop, Luckies, David's and Lobby Bar at David's remain closed until further notice. At Live Casino & Hotel, we have taken enhanced health and safety measures—for you. There's a new casino headed to Philly! Expected to be completed in 2020, Stadium Casino is a new venture owned and operated by the Cordish Company (owners of Xfinity Live! And Maryland Live!) and their partners Greenwood Gaming & Entertainment Group (owners of Parx Casino). What do we know right now?
The mammoth building will be located in walking distance to Citizens Bank Park, giving Parx's South Philadelphia Turf Club sportsbook competition on the same block.
The close proximity to the South Philadelphia Sports Complex should benefit Live! Casino immensely.
'The new Live! Casino & Hotel spearheads the transformation of the Philadelphia Stadium District into an integrated sports, entertainment and casino resort destination,' a statement from Live! Casino & Hotel said. 'The project sits adjacent to Xfinity Live!, the highly successful dining, entertainment, and hospitality destination developed and owned in partnership between The Cordish Companies and Comcast Spectator … The opening of the $700 million casino resort destination will transform the Philadelphia Stadium District into the only place in the country to experience big league action from four major professional sports teams, best-in-class dining and entertainment, and world class gaming and hotel accommodations.'
As a comp, the top physical sportsbook in New Jersey – FanDuel – operates in the shadow of MetLife Stadium in East Rutherford and the top retail shop in the state of Pennsylvania is Rivers Casino – which is steps from Heinz Field in Pittsburgh.
Even with online sports betting about to kick off in Pennsylvania, industry experts believe the physical books will still get plenty of traffic.
'Retail will always be a viable part of our success,' FanDuel President and COO Kip Levin told MetroBet last month. 'There's a healthy social aspect at a physical sportsbook as people want to be there with their friends.'
Surely a traditional casino atmosphere will lend itself well to Live's sportsbook as well. Live! is projected to have 2,200 slot machines, 125 table games and over 200 hotel rooms.
Officials for the casino say that it will create approximately 2,000 new direct and indirect jobs as well.
Live! is owned and managed by Stadium Casino LLC, which is an affiliate of The Cordish Companies.
Despite the official launch of Live! Casino & Hotel Philadelphia was delayed because of the coronavirus pandemic outbreak, the much-expected entertainment venue revealed it is set to launch an on-site recruitment center over the upcoming weeks. As recently revealed, the destination plans to open about 2,000 jobs.
Originally, the casino and hotel development, which is worth $700 million, was planned to start operation by the end of 2020. However, the Covid-19 crisis affected the project, which is now expected to open early in 2021.
The announced 2,000 new jobs that are to be created in the local hospitality sector is a major milestone for the operator, especially taking into account the financial difficulties that the coronavirus pandemic has brought to the sector. According to reports of the tourism marketing agency Visit Philadelphia, in the period from February to April 2020, a total of 44,000 jobs were lost in the leisure and hospitality sector of Philadelphia as a result of the Covid-19 health crisis.
The developer of the Live! Casino & Hotel Philadelphia project, Cordish Gaming Group, was willing to continue the on-site construction at the time when the coronavirus pandemic started but was eventually forced to shut down under local authorities' orders. The change in the original plan caused a slight delay in the planned opening of the casino and hotel project.
The recruitment of potential team members at Live! Casino & Hotel Philadelphia has already started through community discussions, as confirmed by Joe Billhimer, Cordish Gaming Group's Executive Vice President, who was appointed last week. Mr. Billhimer is now leading the Pennsylvania expansion of the company with the casino-hotel project in Philadelphia and a Live! Casino property in Pittsburgh.
Live! Casino & Hotel Philadelphia to Be Part of the District's Transformation
Philly Live Casino Online
The Cordish Gaming Group has been planning to transform the area adjacent to the South Philadelphia Sports Complex into an entertainment district hosting a casino resort, sports and entertainment options. Live! Casino & Hotel Philadelphia is situated on 1.5 million square feet, with the finalized project set to feature 2,200 slots and electronic table games, over 150 live-action table games, a FanDuel-branded sportsbook, a 208-room luxury hotel and an events center. Furthermore, the complex is set to offer a variety of dining and nightlife options, with Cordish Gaming Group expected to disclose details about them soon.
According to the developer company, before the coronavirus pandemic outbreak, the area had been visited by more than 8.5 million people every year. Back in 2012, the company opened its Xfinity Live! project and is now partnering with Comcast Spectacor on the Fusion Arena project, an esports venue estimated at $50 million.
When Will Philly Live Casino Open
Currently, the tourism and hospitality sectors were among the largest industries in Greater Philadelphia. The biggest segment in the area was the food and beverage segment that accounted for 34% of employment, while the hospitality segment accounted for 17%. Igt slot machines online, free. According to the most recent data provided by Econsult Solutions Inc., only a couple of years before the Covid-19 crisis, the two sectors supported a total of 103,800 jobs and generated about $12.2 billion for the region.
Philly Live Opening
The upcoming opening of Live! Casino & Hotel Philadelphia is set to be part of South Philadelphia's economic recovery, especially now, when the region suffered the negative impact of the coronavirus public health crisis. The casino will become the second gambling venue in Philadelphia. Currently, the state of Pennsylvania hosts 13 casinos.
As mentioned above, Cordish Gaming Group is working on the development of its Live! Casino Pittsburgh property, which will offer its patrons 750 slot machines and electronic table games, about 30 live-action table games, along with live entertainment and dining venues. The facility situated on 100,000 square feet is expected to create approximately 600 jobs.
