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Wynn Resorts Inks Deal to Open Philadelphia Casino | Gaming News

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Wynn Resorts Inks Deal to Open Philadelphia Casino
Gaming News

PHILADELPHIA -- Las Vegas casino mogul Steve Wynn wants to take over the embattled Foxwoods casino project on Philadelphia's waterfront.

Wynn Resorts Ltd. signed a letter of intent today for an affiliate to take over as managing partner in the project that's has been stalled for the three years by political and neighborhood opposition.

Wynn Resorts currently operates two casinos in Las Vegas and another in Macau. Wynn's role is contingent on approval by Pennsylvania gambling regulators.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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