Casino Bidder Vows to Build $278M Complex

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    NEWSLETTERS

    One of Wynn Resorts’ former rivals for a Philadelphia casino said the operator was right to pull out.

    Joseph Canfora, president of PHL Local Gaming LLC and the Casino Revolution proposal, said Wynn’s idea for a $900 million casino and grand hotel on the Delaware River was out of scale.

    "I think Steve Wynn made the right decision. He’s a great competitor, but it was such a big project. The idea that you would take the train, fly in, take the subway — I think he made the right decision, personally," said Canfora.

    Another executive at PHL Local Gaming,vice president of community affairs John O’Riordan, added: "Big, bloated, very expensive projects are not going to fly in this market." Read more about this story on PBJ.com

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