Pa. Gambling Panel Revokes Philly Casino License - ABC News

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It looks as if Philadelphia won't get a second casino anytime soon.

Pennsylvania gambling regulators on Thursday

revoked the license for a long-stalled casino project along the Delaware River.

The project's backers and partner Caesars Entertainment had worked for weeks to assemble new financing, ownership and design plans.

Investors first won a license four years ago, but the project stalled amid local opposition and the recession.

Philadelphia this year became the largest U.S. city with a gambling hall when the SugarHouse casino opened.

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