The Advantages Provided by the Pocono Manor Resort & Casino Project Are Powerful, Far-Reaching and Permanent.
Because of an easily accessible location and convenient aperture from other states, the Pocono Manor Resort & Casino is well-positioned to attract visitors from beyond Pennsylvania, maximizing the net benefits to area employment and tax revenues.
A licensed casino in the Pocono region, with 3,000 slot machines in its first year of operation and the potential for considerably more, would provide an economic engine for the entire Pocono region, driving growth for numerous private businesses and government agencies in a multi-county region.
The project may capitalize on several assets ensuring both its
long-term viability and the economic health of the greater Pocono region:
- The Pocono region is already branded as a tourist destination and is among Pennsylvania’s top tourism location with existing core assets, such as the
Pocono Mountains Visitors Bureau that can help leverage marketing efforts
- The project encompasses ample acreage and access to capital that would ensure it can develop an optimal mix of attractions that would denote a significant regional entertainment destination
- The project has access to several densely populated, affluent markets throughout the Mid-Atlantic region, including the New York and New Jersey Metropolitan areas.
- The project would attract the above demographic, consisting in large part of affluent adults seeking a diverse entertainment experience
- A licensed casino in the Pocono Region would serve as an economic engine for the entire area, driving growth for numerous private businesses and government agencies in a multi-county region
The Project Team also believes that a casino-hotel resort destination in this location would: Generate a direct casino-hotel payroll of about $36 million
- Generate a direct casino-hotel payroll of about $36 million
- Spend up to $60 million annually on the purchases of goods and services from other Pennsylvania businesses
- Generate up to $103 million in annual compensation from all sources, excluding construction
- Create up to 5,345 construction jobs with an annual payroll of up to $189.6 million
- Generate up to $398 million in local spending—excluding gaming revenue—by attendees at meetings and conventions
- Produce up to $215million in retail, dining and entertainment sales
- Increase direct visitor spending and total sales generated by traveler spending by 40 percent
- Become the largest source of funding for the Pocono Mountains Vacation Bureau by generating $800,000
in marketing fees for use toward the promotion of the entire region
Finally, this plan ensures that the Pocono Manor Resort & Casino project would facilitate critical public-policy goals for the State of Pennsylvania, as well as for the region and local communities:
- Maximize revenues emanating from outside of the state
- Help the entire region become more competitive with other local destinations in the northeastern United States
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