PHILADELPHIA - Las Vegas entrepreneur Steve Wynn will no longer seek a casino license in Philadelphia, now that gambling is on its way to New York.
Wynn made an elaborate pitch this year to build a casino along the Philadelphia waterfront.
Wynn Resorts said Monday it will drop its bid because of the looming competition in New York, where voters last week approved a measure to license seven casinos.
Wynn also cited concerns about recent industry results in Philadelphia. The city has one casino up and running.
A second license is up for grabs after a Foxwoods project fell through. Wynn had been one of six applicants for that license.
The Wynn company said it will focus on other business opportunities.
The jury that will hear Bill Cosby's sexual assault case was filling up quickly Tuesday as lawyers and prosecutors worked to select panelists who they believed would be favorable to their side.Read More »
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