Pocono Manor Resort & Casino Advantages

A Well Planned Site!

Perhaps one of the most advantageous attributes of the Pocono Manor Resort & Casino is its incomparable location, most notably, the highway frontage. Situated at the intersections of Routes 380, 940 and 314, the project offers indisputably better accessibility that provided on any other casino application we have seen. To further reduce impacts, the site is wrapped by a new 18-hole championship golf course, creating a wide landscape buffer to the site. At the center of the project is a 750-room hotel and casino. Design considerations were taken into account from the planning’s inception to allow for future expansion to 5,000 slot machines and 1,750 hotel rooms. Parking is accommodated through both surface and multi-deck parking garages. The man-made 12-acre lake will be a focal point at the epicenter of the project, with a signature golf hole located on an island in the lake. As indicated in the rendering at left, the resort retail shopping village lies just off the concourse of the casino to the west. This unique village will feature boutiques, galleries, restaurants and retail shops. The village will also entail residential lofts over the retail space, adding further vibrancy to the village. The golf villas adjoin the golf course and the resort retail village.

The elements will have a combined property value of just under $800,000,000. This project will, without question, represent the largest resort destination in northeastern Pennsylvania and virtually all of the east coast. Drawing over 3.7 million visitors to the region, the Pocono Manor Resort Casino will form an economic catalyst of unrivaled and unprecedented proportion.

The Advantages Provided by the Pocono Manor Resort & Casino Project Are Powerful, Far-Reaching and Permanent.

While the existing property is currently operating as a profitable resort, its economic yield is highly likely to soar if the project is selected as a licensed facility. 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

Our Investment Is Our Commitment to Enhancing Prosperity for the Entire Pocono Valley Region.

The Pocono Manor Resort & Casino project would encourage significant capital investment in Pennsylvania and the future of its residents. With outlays of approximately $1.4 billion, the project’s capital budget appears to exceed that of all other applicants. Such a strong investment, coupled with expert project planning, design and management of operations, would provide a powerful shield to competition for resort destination dollars from other states with the creation of an unprecedented regional attraction that transcends the convenience-driven market in its current form.

Retail
The project will allow the Pocono Valley region to flourish as a haven for retail businesses not only by generating additional tax revenues and employment from within the project, but also by allowing the resort’s brand to build a strong retailing posture for the entire area. This will be achieved by fostering greater visitation to the region, and offering consumers more choices in shopping opportunities.

Tourism
The project stands to greatly energize the tourism industry of the region. Management would leverage the area’s tourism infrastructure and natural beauty, working with other businesses to drive additional year-round visitation for an expanded market produced by the Pocono Manor Resort & Casino’s gaming and non-gaming amenities. Additionally, the project would maximize revenues emanating from other states because of its direct highway access. Thanks to the absence of affiliated properties in other states, the project will retain more dollars for Pennsylvania by not inducing residents to visit out-of-state resort facilities.

Marketing
The project would generate new marketing dollars beneficial to both the Pocono Region and Pennsylvania as a whole. With an additional annual revenue base of approximately $800,000, the Pocono Mountains Vacation Bureau would have the necessary resources to produce a more effective and far-reaching marketing campaign.