Parx On line casino clears first hurdle on highway to develop 15-story lodge in Pennsylvania

Home » Parx On line casino clears first hurdle on highway to develop 15-story lodge in Pennsylvania

The Bensalem Township Planning Fee voted to simply accept a plan offered by Parx On line casino’s mother or father firm Greenwood Gaming and Leisure to develop a 15-story lodge at its Avenue Street property in Pennsylvania. Whereas the vote accepted the plan as introduced ahead by the applicant, it doesn’t indicate it has been absolutely accredited, as the undertaking should nonetheless clear a collection of hurdles.

Thus, the event should still be a number of years away, because it wants to satisfy a number of township land improvement issues and will have to beat potential resistance from residents. In response to the Bucks County Courier Occasions, no date has but been set for additional consideration of the plan on the township stage, however it is going to be publicly introduced when decided.

The corporate intends to develop an upscale 15-story lodge at Parx On line casino’s website. The brand new amenity, close to the Parx East racetrack grandstand space, would span about 6 acres, comprising 71,681 sq. ft, in line with improvement plans filed with Bensalem from the Keystone Turf Membership and Bensalem Racing Affiliation.

The venue, which can function a connection to the prevailing on line casino, requires a two-story lodge ballroom, occasion garden, and a number of visitor loading/unloading zones. The undertaking additionally contains People with Disabilities Act-compliant parking and signage and extra parking.

Plans for a lodge have been spoken of since 2010. Nevertheless, updated, one has by no means been constructed. Nonetheless, since 2017, Parx has invested about $50 million within the growth and upgrades of its property. Lately, Parx added the leisure venue Xcite Middle, which is connected to the on line casino, and opened new eating places inside its on line casino as effectively.

Xcite Middle leisure venue, inside Parx On line casino

Parx was the second Pennsylvania on line casino, opening as Philadelphia Park on December 19, 2006, a month after the opening of the Mohegan Solar at Pocono Downs. Regardless of the corporate dealing with some criticism for altering the path of the preliminary improvement plans of its 413-ace property, enterprise has remained good for the venue, remaining a high income generator since its opening.

The Pennsylvania Gaming Management Board lately reported that the mixed whole income generated from all types of gaming throughout June 2022 was over $389 million. Parx not solely generated greater than $52 million in that month, but additionally led all state casinos in slot income, bringing in over $31 million. In the meantime, desk video games introduced in about $16.5 million in June, in line with the board.

The affect of a brand new lodge on operations stays unknown to date, with firm officers having but to touch upon this early starting stage. Likewise, no residents or organizations spoke for or towards the undertaking on the July 20 township planning assembly, in line with the beforehand cited supply.

In contrast to different business gaming states that require casinos to incorporate an on-site lodge, Pennsylvania’s gaming legal guidelines don’t function this requirement. Nevertheless, of the state’s 13 full-scale Class 2 casinos, solely two — Parx and Presque Isle Downs & On line casino — don’t provide on-location lodging.

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