revolution at sugarhouse casino in philadelphia

More recently, SugarHouse unveiled a $155 million expansion project that will include a smaller parking garage than what was mentioned in the original proposal. From July 2011 to June 2012, the casino continued to struggle to meet projections by only generating $189.8 million in slot machine revenue. Ultimately, SugarHouse ranked eighth in the state in terms of gross gambling revenue after its first year. A few months after opening, SugarHouse ranked last among the 10 Pennsylvania casinos at the time in gross slots revenue. In the first year of operation, SugarHouse’s gross revenue was $212.2 million, a number significantly lower than executives had projected. Eventually, the casino added 20 more table games, increasing the number to 60. The first casino in Philadelphia began with 1,600 slots, 40 table games and no parking garage.

SugarHouse finally opened on September 23, 2010, more than two years after the projected opening date. Million in total revenue, with $240 million coming from slot machines. According to AxisPhilly, in the first year of operation, the casino was projected to bring in $320 Gamblers head into SugarHouse Casino In the original SugarHouse proposal, the casino was supposed to have 3,000 slot machines, 40 table games, five restaurants and a 3,200-car parking garage. With a second casino coming to Philadelphia within the next few years, the underachieving SugarHouse Casino fears that it may have to cut jobs to make up for its losses in an already saturated Pennsylvania casino market. SugarHouse Casino did not open on time and failed to meet many of its projections that were included in the original proposal to the city and gaming board. Originally, the casino was supposed to open along the Delaware River in 2008, but it faced backlash from anti-casino organizations and city residents. SugarHouse, along with the now-defunct Foxwoods casino proposal in South Philadelphia, was set to become the first casino in the city. In 2006, the Pennsylvania Gaming Control Board awarded SugarHouse Casino one of two gaming licenses for Philadelphia.

Revolution at sugarhouse casino in philadelphia