In December 2016, the SugarHouse Casino in Philadelphia was sold to Rush Street Gaming for $130 million. The sale came as a surprise to many, as the casino had only opened its doors a little over four years prior. The casino was originally built with the intention of becoming one of the premier gambling destinations in the city.
However, it quickly ran into trouble after failing to meet revenue expectations. This led to the property being put up for sale by its original owner, SugarHouse HSP Gaming.
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While the casino did find a buyer in Rush Street Gaming, the sale came at a steep discount. The new owners have since invested millions of dollars into renovating and rebranding the property.
They have also added a hotel to the site, which was something that had been lacking when it was first opened.
PRO TIP:SugarHouse Casino in Philadelphia has been transformed into Rivers Casino Philadelphia. The new casino opened in October of 2019, offering a variety of slots and table games, as well as a range of dining and entertainment options.
Despite these changes, the casino has still struggled to attract customers. This is likely due in part to its location in an area that is not particularly tourist-friendly.
Additionally, the competition from other casinos in the area has been fierce.
The future of SugarHouse Casino is unclear at this time. However, it seems unlikely that it will be able to compete with the likes of Parx Casino and Harrah’s Philadelphia for much longer.
It is possible that Rush Street Gaming will eventually sell the property, but it is also possible that they will continue to invest in it and try to turn things around. Only time will tell what will happen to this once-promising casino.
10 Related Question Answers Found
The SugarHouse Casino is located in Philadelphia, Pennsylvania. The casino is owned and operated by Rush Street Gaming. The casino opened on September 23, 2010.
Sugar Factory is a popular casino and nightlife destination in Las Vegas. It’s known for its over-the-top desserts, cocktails, and decor. The casino is located in the Fashion Show Mall on the Las Vegas Strip.
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The Sugar Factory is a Las Vegas casino that is known for its sweeter than average atmosphere and decor. The casino is also home to a number of unique dining and entertainment options, making it a popular destination for both locals and visitors alike. While the Sugar Factory may not be the largest or most well-known casino in Las Vegas, it definitely has a lot to offer its guests.
SugarHouse Casino is an online casino licensed and regulated in New Jersey, US. It is one of the most popular casinos in the state and offers a wide range of gambling options to its players. The casino is owned by Rush Street Gaming and operated by Kambi Group.
SugarHouse Casino, located in Philadelphia, is one of the most popular casinos in Pennsylvania. The casino has been in operation for over 10 years and has been a major contributor to the city’s economy. Recently, there have been rumors that the casino may be changing its name.
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SugarHouse Casino is one of the newest casinos in Pennsylvania, and it is already making a big splash in the gambling industry. The casino opened its doors in September of 2018, and it has been packed with customers ever since. The casino is located in Philadelphia, and it is owned by Rush Street Gaming.
In December 2016, SugarHouse Casino in Philadelphia officially changed its name to Rivers Casino. The name change comes as a result of a partnership between Rush Street Gaming, who owns and operates the casino, and SugarHouse HSP Gaming, L. P., the owners of the land on which the casino is built.
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In September 2018, SugarHouse Casino in Philadelphia officially changed its name to Rivers Casino Philadelphia. The new name is in keeping with the casino’s owner, Rush Street Gaming, which also owns and operates casinos under the Rivers brand in Pittsburgh, Illinois and New York. The Rivers Casino Philadelphia features a gaming floor with over 2,500 slots and 125 table games, as well as a poker room with 28 tables.
SugarHouse Casino is an online casino licensed in Pennsylvania. It is one of the first casinos to be licensed in the state and is owned by Rush Street Gaming. The casino offers a variety of slots, table games, and video poker.
SugarHouse Casino is one of the most popular casinos in Pennsylvania. But is it safe? The casino has been in operation for over 10 years and is owned by Rush Street Gaming.
