Bidders for Philly Casino License Undeterred by AC Downturn

With all the turmoil going on in Atlantic City, analysts believe it could be due to the growing amount of gambling options in nearby states.

Although Penn National, one of the applicants for a casino license in Philadelphia, withdrew its bid, there's still a drive to build casinos in the city.

Bart Blatstein, the developer planning "The Provence" for North Broad Street argues that the chances are improving for casino-resorts that offer more amenities, such as his own proposed design.

Casino Revolution recently expanded its own propasal, adding plans for a 615-foot tower that will resemble Seattle's space needle.


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