Posted on: November 28, 2020, 12:02h.
Last updated on: November 27, 2020, 04:50h.
A Pennsylvania satellite casino located some 30 miles outside Pittsburgh could be ripe for nearby development, local officials say.
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Live! Casino Pittsburgh opened its $150 million doors on November 24. The casino and entertainment space occupies what used to be a Bon-Ton department store at the Westmoreland Mall.
The Westmoreland County Industrial Development Corporation (WCIDC) is bullish on Live! bringing an economic spark to the area. The casino is projected to inject the region with a $188 million annual economic impact, $47.5 million in new taxes, and 500 permanent jobs.
With excitement budding from the casino opening, WCIDC Director Jason Rigone believes real estate and industrial developers will take a closer look at Westmoreland. This week, the WCIDC entered into an agreement with the county to purchase 110 acres of vacant land for $2.5 million, or approximately $22,727 per acre.
Ready for Development
Live! Casino Pittsburgh is the first of five planned Pennsylvania satellite casinos to commence operations. Owned and operated by The Cordish Companies, the casino has 750 slot machines and 30 table games, FanDuel sportsbook, several restaurants and bars, and an upper level open to guests of all ages featuring non-casino games.
With Live! promising to “up the ante on entertainment for everyone in the Greater Pittsburgh region,” surrounding areas could be prime targets for various investments.
The 110 acres the WCIDC is purchasing is located along Georges Station Road adjacent from the Westmoreland County Industrial Park. The largely wooded land is roughly one mile east of the Westmoreland Mall and Live! Casino Pittsburgh along Route 30.
We’re excited for that region of the county,” Rigone told the Pittsburgh Tribune-Review. “We’re not timbering the property at this point. We are being patient, trying to understand what the office dynamic may be looking forward.”
Rigone says the land is attractive for various developments, including industrial, office, manufacturing, and residential. The property sits north of the Lincoln Highway behind an auto dealer and service complex.
Formed as a nonprofit in 1983 by the Westmoreland County Board of Commissioners, WCIDC is committed to supporting economic development efforts in the county. With the 110 acres under WCIDC control, the organization can market the opportunity and work with potential developers.
Opening Amid Pandemic
Just hours before Live! Casino Pittsburgh was set to open its doors, Pennsylvania Gov. Tom Wolf (D) announced new COVID-19 mitigation efforts. The governor urged Keystone State residents to limit unnecessary travel and stay home as much as possible.
Regardless, Live! held its grand opening on Tuesday, November 24. Only about 30 people were lined up outside the casino as the doors swung open at 6 am.
As is the case at the 12 other land-based casinos in Pennsylvania, Live! Pittsburgh is adhering to numerous coronavirus health safety measures. Guests are required to have their temperatures taken prior to entry, everyone must wear face masks inside, physical distancing is being practiced, and seats at slot machines and table games have been separated with plexiglass dividers.
In this interesting podcast, the Arcadem founders discuss trending casino games innovations and concepts.
A Q&A on Casino games trends
In one form or another, casino games have been around since ancient times. And, just like every other industry they have tremendously evolved over the years. More recently, the internet making the games widely available and the advancement in technology, have truly transformed the gaming sphere.
So this time we wanted to dive into the different trends going around in the iGaming world. And we picked the brains of Arcadem’s founders Phillip and Christian to get a better grasp on all the tech and fads for casino games!
Here are some of the things we were most curious about and a couple of questions tackled in the session.
Aside from the digitization of events, what particular trend caught your eye? What about innovations in virtual and augmented reality? Have these become widely used in iGaming? Does Arcadem incorporate thematic trends in the games? Any particular data or process you follow to determine what concept your next game will be based on? Have analytics changed the way a game is structured? And finally, any thoughts on using cryptocurrencies in iGaming?
While 2020 has been a strange year for most businesses – to say the least – a clear disruption occurred and is continuing to change our lifestyles. These changes have also impacted the gaming industry. Time will tell exactly to what extent gaming habits have been impacted.
Check out the full podcast as Arcadem’s founders share their thoughts on casino games trends from a creative, commercial, and technical point of view.
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