Live! Casino & Hotel Philadelphia Officially Launches
- The Cordish Companies Live! Casino & Hotel has officially opened in Philadelphia.
- This is the first time the popular casino product has entered the Philadelphia market.
- The casino is expected to bring in $100 million in tax revenue within its first five years to the city.
PHILADELPHIA – The Cordish Companies has officially launched its Live! Casino & Hotel Philadelphia. The casino operation has long-awaited an entrance into the City of Brotherly Love.
With the launch, the full-scale casino operation will be available for local gamblers and tourists alike. Philadelphia is a hotbed for legal gambling and Live! Casino & Hotel Philadelphia is looking to cash in on the thriving market.
This is a win-win for both the city and the casino operation as Philadelphia is expected to garner $100 million in tax revenue over the next five years from Live! Casino & Hotel Philadelphia.
Cordish Companies Meets Philly
The Cordish Companies has a storied history in the gambling market and bringing its legal gambling product to the Philly market will surely extend its reign in the U.S.
"As a family-owned business for over 100 years, today marks an incredibly special day for my family and The Cordish Companies as we expand our Live! Casino brand into the great City of Philadelphia," said Reed Cordish, Principal of The Cordish Companies. "Live! Philadelphia is the region's premier gaming and entertainment destination, and we are proud to welcome our guests, Team Members and the community to go Live! with us. I'd like to thank Mayor Kenney, Councilmember Johnson, and local officials for their support for this project."
The casino is filled with winning potential for legal Pennsylvania gambling with its full supply of gaming and wagering options.
There are more than 2,100 slots and virtual table gaming options, more than 150 physical table games, a 29 table poker room, and have a robust sportsbook powered by FanDuel.
The casino hotel product is stories high with 208 rooms. There is also a 15,000 square foot Event Center for concerts and other events. Live! Casino & Hotel Philadelphia will surely be a major attraction for local players.
The city of Philadelphia is sure to reap a lot of benefits from the new casino as well. Live! Casino & Hotel Philadelphia has already donated more than $50,000 to nonprofit organizations in the city, with plans to continue investing in local communities.
Over time, the Live! Casino & Hotel Philadelphia is also expected to generate more than $2 billion in economic stimulus with the tourist attractions as well as the revenue.
Live! Casino & Hotel Philadelphia is already looking to be a major success.