There are also nine restaurants and over 200 hotel rooms on the Live Casino Philadelphia property. Located near Citizens Bank Park, home of the Philadelphia Phillies, the casino is home to about 2,000 slots, 140 table games, a sportsbook, and a poker room. on future Cordish casino developments, as well as potential financing partnerships between the entities on other real estate and operating businesses in Cordish’s portfolio. Philly Loves A Winner Rivers Casino is Philadelphias hottest casino. Live Casino Philadelphia is in the downtown part of the city. The transaction includes a binding partnership between Gaming and Leisure Properties Inc. The Maryland transaction is anticipated to close by the end of the month. The transactions for the Philadelphia and Pittsburgh properties are expected to close in early 2022, PBJ.com reports.
Cordish will immediately lease back all the properties and continue to own and oversee all gaming operations at the facilities.
is purchasing the real estate assets associated with Live! Casino & Hotel Maryland, Live! Casino & Hotel Philadelphia and Live! Casino Pittsburgh, including applicable long-term leases. Wyomissing-based Gaming and Leisure Properties Inc. for $1.81 billion, including the newly built casino and hotel in South Philadelphia, reports the Philadelphia Business Journal. is acquiring three Live! Casino properties from Baltimore-based The Cordish Cos.
