The $700 million gaming and entertainment complex is expected to generate over $2 billion in economic stimulus in the city and $100 million in tax revenue in its first five years of operation. The Cordish Companies secured approval for their site in 2014 (initially as a joint venture with Parx), and they battled through many years of legal issues until they finally reached this point. However, Foxwoods failed to secure financing and, as a result, had its license revoked by authorities in 2010. The Philadelphia market is one of the most lucrative in the country, and plans for a Foxwoods Casino in Philadelphia were first introduced 17 years ago.

The history of the Live! Casino and Hotel in Philadelphia dates back many years and has gone through several iterations. The Cordish Companies also developed two casino properties for the Seminole Tribe in Florida, the Seminole Hard Rock Casino Hollywood and the Seminole Hard Rock Casino Tampa. Cordish hopes to bring that same level of service to the Philadelphia market. The Live! casino-hotel complex is one of Maryland’s top attractions, drawing over 10 million customers every year. The Cordish Companies’ flagship property is Live! Casino is in Maryland. The company operates in Philadelphia as Stadium Casino LLC. The Live! Casino and Hotel Philadelphia is owned by the Maryland-based developer Cordish Companies, which already has several Live! Casino resorts around the mid-Atlantic region. The opening will be the catalyst for the launch of a Live!-partnered FanDuel sportsbook and the PlayLive online casino, built on a proprietary platform from GAN. Live! Rewards Club members will have special preview access beginning January 19. After years of legal complications, the official grand opening of the new Live! Casino and Hotel Philadelphia has finally been announced for February 11, 2021.

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