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Rivers Casino Philadelphia Plans Boutique Luxury Hotel in Fishtown

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Rivers Casino Philadelphia has announced that it will open a 62-suite boutique luxury hotel inside The Battery, the mixed-use lifestyle campus underway on Beach Street in Fishtown.

The new casino hotel will be called “Riversuites,” and it promises a high-end experience. The upscale hotel will occupy four dedicated floors of The Battery’s existing adaptive reuse complex, creating a rarity for Philly — a waterfront hotel. The casino could be accepting reservations as early as this fall.

Guest suites are cavernous by hotel standards, averaging 854 square feet each, with even larger options up to 2266 square feet. One-, two- and three-bedroom accommodations are available. Every suite includes a full kitchen. Several apartment-style suites feature patios or bi-level lofts, with sleeping rooms upstairs and living room and kitchen below.

Unobstructed views of the Delaware River extend well beyond the Pennsylvania and New Jersey shorelines past the Ben Franklin Bridge. On the street side, running parallel to the river, hotel guests will enjoy one of Philly’s hottest neighborhoods — Fishtown.

With Fishtown’s walkable streets and burgeoning cultural and culinary offerings, Riversuites guests will be just steps away from a growing inventory of trendy restaurants, coffee shops, craft brewhouses, distilleries, retail stores, galleries, and other recreation.

“A hotel addition for Rivers Casino Philadelphia has always been part of the master plan for our Fishtown property. The location and grandeur of The Battery allowed us to join a neighboring parcel, already in progress, with historic Philly significance,” said Tim Drehkoff, CEO of Rivers Casino and Rush Street Gaming.

In addition to proximity to Fishtown, panoramic views and affiliation with the casino itself, Riversuites will boast several other traditional and unconventional amenities: co-working areas, lobby gathering spaces, a billiards table — and an indoor basketball court.

The Battery is an architectural stunner designed in Beaux-Arts classical revival style by famed turn-of-the-century Philly architect John Windrim. Windrim’s prolific portfolio also includes The Franklin Institute, the Philadelphia Municipal Court and the provost’s residence at Penn.

Formerly the Delaware Power Station, the 11-acre Beach Street complex was commissioned as a PECO power plant in the early 1900s. By the 1950s, it was the utility company’s largest, providing power to nearly half of Philadelphia. Eight 167-foot-tall chimneys will remain as historic architectural elements.

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Today, The Battery is a $154 million redevelopment initiative currently underway by its Philadelphia-based owner, Lubert-Adler Real Estate Funds. The active phase includes 173 apartments, 135,000 square feet of office space and 100,000 square feet of event space — and now a hotel.

“We saw in the old PECO power plant an opportunity to create a spectacular experience on Philadelphia’s waterfront that could be a home for both a residential community as well as an eclectic mix of commercial enterprises that will draw people to an area of the city that has until now been underused. It is very exciting to see our vision for this project come to fruition, with our first residents moving in and Rivers Casino announcing its plans for a beautiful new hotel overlooking the river, and we are thrilled to welcome them to The Battery,” said Leonard Klehr, vice chairman of Lubert-Adler.

The casino’s 22-acre waterfront property already connects with The Battery via the Delaware Riverwalk by way of picturesque Penn Treaty Park. The two properties are an eight-minute walk or a five-minute ride apart. Rivers will run a complimentary 24/7 shuttle with 24/7 security and will offer 24/7 valet parking.

Riversuites will be operated by Rivers Casino Philadelphia, which is owned and operated by Rush Street Gaming and its affiliates. Koo Architecture of Chicago is designing the Riversuites hotel. Strada of Philadelphia is the architect for The Battery.

“VIPs and out-of-town guests have long inquired about overnight stays at Rivers Casino Philadelphia, and they’re about to get a penthouse-style option. We’re thrilled to introduce this entirely unexpected luxury suites collection — that’s exclusive to Rivers Philly,” said Eric Althaus, general manager of the casino.

The Riversuites hotel project represents a $7 million privately funded investment. The new hotel will add more than 40 permanent hospitality jobs to the casino’s existing 1100-plus workforce. Riversuites at The Battery is expected to open by year-end 2023.

Industry News

IBN Initiates Coverage of SEGG Media Corporation

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SEGG Media Corporation, a leading technology company transforming the global intersection of sports, entertainment, and gaming, has selected IBN, a multifaceted financial news and publishing company serving private and public entities, to spearhead its corporate communications efforts.

SEGG Media aims to deliver immersive, real-time experiences through next-generation technology that redefines how audiences interact with their favorite content and communities. Following a full-scale corporate transformation and rebrand, the company now operates across three high-growth verticals: Sports.com, Entertainment, and Lottery.com.

Sports.com serves as a global hub for sports content with a focus on soccer, sim racing, motorsports, and athlete-led media, with the upcoming Sports.com Super App poised to evolve fan engagement by integrating streaming, e-commerce, fantasy gaming, and sports news. The Entertainment division builds on AI-powered live events and direct-to-fan platforms, while Lottery.com delivers compliant, ethical gaming solutions including iGaming and charitable lottery access to global audiences.

With a $100 million financing facility and strategic acquisitions underway, including proposed deals with GXR World and DotCom Ventures, SEGG Media is executing a multi-vertical expansion strategy designed to unify fragmented fan experiences across live content, gaming, and digital commerce.

As part of the client-partner relationship, IBN will leverage its investor-focused distribution network, which includes over 5000 key syndication outlets, various newsletters, social media channels, and wire services via InvestorWire, along with blogs and other outreach tools, to generate greater awareness for SEGG Media.

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Polymarket Acquires CFTC-Licensed Exchange and Clearinghouse QCEX for $112 Million

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Polymarket, the world’s largest prediction market, announced that it has closed an acquisition of the holding company of a Commodity Futures Trading Commission-licensed derivatives exchange (QCX LLC) and clearinghouse (QC Clearing LLC) (collectively QCEX) for $112 million. The transaction marks a significant step toward expanding access to Polymarket’s category-defining platform in the US, enabling more users than ever to trade prediction market contracts with regulatory clarity and confidence.

“Polymarket is the largest prediction market globally and has become synonymous with understanding the probability of current events. Demand is greater than ever — not just in user growth and trading volume, but in how mainstream audiences are turning to Polymarket to separate signal from noise, bias, and speculation. Now, with the acquisition of QCEX, we are laying the foundation to bring Polymarket home — re-entering the US as a fully regulated and compliant platform that will allow Americans to trade their opinions,” said Shayne Coplan, Founder and CEO of Polymarket.

“When we began the process to obtain our DCM & DCO licenses over 4 years ago, the prediction market was in its infancy. But we have long believed in its potential to change the way people access and understand information and express their views on that information. Shayne has built a cultural phenomenon in Polymarket. I am excited to bring our companies together and leverage our licenses, technology, and expertise in the retail trading sector to help Polymarket reach its full potential,” said Sergei Dobrovolskii, Founder of QCEX.

Polymarket has continued to build significant momentum as the world’s largest prediction market and a trusted source of real-time information. In the first half of 2025 alone, users have already made about $6 billion in predictions on the platform. Most recently, Polymarket announced an official partnership with 𝕏, further solidifying its position at the intersection of politics, markets, and culture.

The acquisition of the QCEX entities paves the way for U.S. users to access Polymarket in the near future within a fully regulated, US-compliant framework. As prediction markets continue to gain mainstream relevance, Polymarket remains the go-to platform for understanding what the world is thinking — and where it’s headed.

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Full House Resorts Announces Promotion of Lewis Fanger to President

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Full House Resorts Inc. announced that it has promoted Lewis Fanger to President, Chief Financial Officer, and Treasurer, effective July 11, 2025. The title of President was previously held by Daniel Lee, the Company’s Chief Executive Officer. As previously disclosed, Mr. Lee extended his employment agreement as the Company’s Chief Executive Officer in June 2025.

“Since our arrival approximately ten years ago. Full House Resorts has undergone a significant transformation, from a small regional casino operator to one of the fastest-growing companies in our industry. Lewis’s financial leadership has helped enable that growth, allowing us to improve our existing assets and expand the Company through new developments such as American Place and Chamonix. Lewis has been an invaluable part of our team over the past decade, and his promotion to President will help ensure a continuity of leadership,” Mr. Lee said.

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