‘I wouldn’t view it as a saturated market’
It is also when competitors in a market that already provides ample gambling opportunities will start to learn how Live! impacts them.Īs of now, before the first Live! customer has dropped a $5 chip on red or black at the roulette table - other than those doing so at charity nights over the weekend - there’s cause for for optimism, say those from the new and existing casinos and an industry analyst. That is when The Cordish Companies, the Baltimore-based private firm that lavished $700 million on the project, will begin finding out if the investment was worth it. 11, the doors will be open to anyone at any time. The 2,100-slot machine property in the city’s Stadium District will operate for its first few weeks on a controlled reservation or invitation-only basis, but after 8 p.m. as the first shiny, full-sized casino added to Pennsylvania’s gaming industry since the debut of its nearest competitor, Rivers Philadelphia, a decade ago. The Live! Casino & Hotel Philadelphia opens at 4 p.m.
Gamblers visiting four southeastern Pennsylvania casinos already leave behind well more than a billion dollars a year ordinarily at slots, blackjack, and other games, and the big question starting Tuesday afternoon is how they’ll take to a fifth option - especially now in the COVID era.
