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Old Foxwoods' new man, Steve Wynn, *thrilled* at proximity of Jews, Italians, and Vietnamese to his casino
The Web site for the award-winning alternative weekly, the Philadelphia City Paper.
Old Foxwoods' new man, Steve Wynn, *thrilled* at proximity of Jews, Italians, and Vietnamese to his casino
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| casinosmack.com |
Philadelphia, meet Steve Wynn, the new prospective financier of the former, flailing Foxwoods casino.
He's charming; he's funny; he's unnaturally tan; and he's just absolutely, totally thrilled at how close his new casino venture is to "every conceivable stripe of ethnic group that likes to shoot craps and gamble," notably: Jews, Italians, and Vietnamese.
So he remarked in a conference call yesterday, in which he assured stockholders and financial experts that his casino will make money. Wynn seemed to place special emphasis on the proximity (four blocks!) of his casino to a Vietnamese neighborhood.
That might not sit so well with activists for Philadelphia's Asian-American communities, who have highlighted problem and pathological gambling as a particularly serious problem, and who accuse the gambling industry of engaging in the predatory luring of gamblers, especially gamblers of Asian descent.
But hey – as a Jew myself, I say it's nice to be in the spotlight – or is cross-hairs a better word?
Full quote:
"On the other side of the bridge is Cherry Hill, New Jersey, all full of good ol' ... my old friends Italians and Jews and every conceivable stripe of ethnic group that love to shoot crap and gamble. And they're ten minutes away in their cars or in a bus from my casino on the Delaware river. I love the proximity to these people. I love the proximity to the Vietnamese neighborhood. And I'm gonna put in a beautiful Vietnamese restaurant for them. I'm going to build a very pretty place ... that is perfectly responsive to that market."
I just noticed in an article on Wynn that his profit was only 20.6 million on $3 billion in sales. That is small enough to be an accounting error (i.e., "cooked books). His company is obviously hurting and is looking for a quick fix in Philadelphia. He is not looking to build an enduring facility. What a sham. If the regulators let this one pass, they deserve to be impeached.
i find these remarks to be very insulting and i'm even MORE against steve wynn's casino than foxwoods for this reason and also because of matt dejulio enlightening remarks.
CasinoFreePhila is going to Harrisburg to protest this man and his plans tomorrow. Join if you can! Philadelphia, please don't let yourself become the next Detroit.
[...] billionaire Steve Wynn says he's excited to come to South Philly, because he "love[s] being only two blocks away from a [...]
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