Phila. Foxwoods Casino up for Bid Statewide?
The recently revoked Foxwoods Casino license might move into auction throughout Pennsylvania.
State Rep. Curt Schroder, chairman of the House Gaming Oversight Committee, is preparing legislation that would put the Foxwoods license up for bid anywhere in the state, reported the Philadelphia Inquirer.
In the Senate, Democrat John N. Wozniak introduced a similar bill in May that never made it to vote. He intends to reintroduce legislation that would auction both Foxwoods and the Valley View Downs racetrack in Western Pennsylvania.
“Philly could still be in the mix,” Wozniak said of Foxwoods to the Philadelphia Inquirer. “I’m not saying you can't have it there. But let the private sector make the determination.”
SugarHouse Casino in Philadelphia opened in September, three miles upstream the Delaware River from where the proposed Foxwoods project was planned to open in South Philadelphia. On Dec. 16, the four-year-stalled casino project lost its license, originally awarded to the Mashantucket Pequot Tribal Nation who runs the Connecticut-based Foxwoods. Financial challenges and confrontations with the Philadelphia city council led the tribe to seek endorsement from Caesars Entertainment, reported PokerNews.com. The group, however, could not prove it had committed financing for the proposed $275 million project, reported theday.com.
Schroder said that he thought bids on the Foxwoods license should start at $50 million, the price already paid for the licensing fee, and that allowing the market to choose a location would cut back on the politics of the process.