Wynn folds plans for Foxwoods Casino
Written on April 9, 2010
Steve Wynn will not take over the Foxwoods Casino in Philadelphia after all, the casino operator said Thursday.
Wynn told the City of Philadelphia the project “did not, in the end, present an opportunity that was appropriate for our company,” according to a written statement.
Richard McGarvey, a spokesman for the Pennsylvania Gaming Control Board, confirmed that the state was informed of Wynn’s decision at about 4 p.m. on Thursday.
Wynn stepped in in February, offering to get the delayed Foxwoods project off the ground. As recently as Tuesday, he offered plans for a high-end casino.
The casino, which has received state approval for a parcel on Columbus Boulevard in South Philadelphia, has been tied up by political battles, neighborhood opposition and other factors. At one point, an alternate site in Center City was considered for the casino, but that was later rejected by regulators.
Filed in: term.