Downtown Casino May Boost Revitalization, Philly Official Says

Law360, Philadelphia (September 24, 2013, 3:29 PM EDT) -- While declining to endorse any of the six applications being considered for a second casino license in Philadelphia, a high-ranking city official told the Pennsylvania Gaming Control Board on Tuesday that proposals for gaming parlors in the city’s downtown had a greater chance of spurring additional economic development.

Alan Greenberger, the city’s deputy mayor for economic development, said each of the six applicants currently vying to build a second and final casino in Philadelphia presented palatable proposals, but he suggested that plans for facilities on Market...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.