The president of the Philadelphia Archaeological Forum believes that the proposed Wynn Resorts Ltd. casino site on the banks of the Delaware River may hold artifacts from Native Americans and Dyottville Glass Works.
But Wynn Resorts doesn’t expect this will be an issue in the licensing process.
“If the company takes possession of the site pursuant to licensing, we will comply with the necessary permitting requirements associated with site development in order to prepare the site for construction,” Wynn Resorts said in a statement.
Doug Mooney, senior archaeologist at URS Corp., told Philadelphia Inquirer that the site chosen for Wynn Philadelphia is one of the most important in the city. Mooney was unavailable for comment.
Wynn Resorts’ project manager, Keating Consulting, believes potential artifacts are limited to two half-acre tracks of land on the site.
If the Las Vegas-based gaming company is selected as the winning applicant, the project will require permits and an historical review.
The existing SugarHouse casino, also in south Philadelphia, was studied for potential historical artifacts, according to a research report from Union Gaming Research. The SugarHouse casino has been open since 2010.
The Pennsylvania Gaming Control Board is expected to decide on a second Philadelphia casino license early next year.
“We don’t know what extent (if any) the board will consider the possible historical significance of the site in its criteria for selecting the winning applicant,” Bill Lerner, a principal with Las Vegas-based Union Gaming Research wrote in a research report.
Steve Wynn, chairman of Wynn Resorts, has proposed building a 150,000-square-foot casino with 900 slot machines and 100 table games. The resort-casino would include a 300-room hotel on about 60 acres of waterfront property.
The gaming company operates Wynn Las Vegas and Encore on the Strip and Wynn and Encore properties in Macau. Wynn Resorts also expects to open a $4 billion resort named Wynn Palace in early 2016 on the Cotai Strip in Macau.
Wynn Resorts reported second-quarter earnings of $1.28 a share, on revenue of $1.33 billion.
Analysts surveyed by Yahoo Finance expect the company to post third-quarter earnings of $1.58 a share on revenue of $1.34 billion.
Contact reporter Chris Sieroty at email@example.com or 702-477-3893. Follow @sierotyfeatures on Twitter.