Harrah's Philadelphia currently runs a 150 day live meet that runs from early April to mid-December. The casino consists of over 2,000 slot machines, 100,000 square feet (9,300 m 2) of gaming space, a 14,000-square-foot (1,300 m 2) event center, and numerous drineries, eateries, meeting rooms, and retail establishments. Sports betting is available on multiple sports including football, basketball, baseball, hockey, soccer, and college sports. The sportsbook has 19 lounge seats, 11 high-top tables, bar seating, and over 45 big-screen TVs. Sports betting takes place at Caesars Sportsbook, a 4,322-square-foot (401.5 m 2) sportsbook with an odds board, 6 teller windows, self-betting kiosks, and 2 terminals for betting on horse races. On January 22, 2019, sports betting began at Harrah's Philadelphia with a testing period a formal grand opening occurred on January 24, 2019.

Caesars leased back the property for $21 million per year. In 2018, Vici Properties, a real estate company that had earlier been spun off from Caesars, purchased the land and buildings of Harrah's Philadelphia from Caesars for $242 million. In May 2012, Harrah's Chester changed its name to Harrah's Philadelphia to appeal to a broader market. The casino began offering live table games on July 18, 2010. Catania Engineering Associates performed the site design for this project. The casino opened on January 22, 2007, one day earlier than anticipated. The Board approved Harrah's application for the permanent slot-machine gaming operator license on December 20, 2006. On September 27, 2006, the Pennsylvania Gaming Control Board gave Harrah's Chester its slots license. Its first harness racing season opened on September 10, 2006. The track was built on the site of the former Sun Shipbuilding campus.

It is owned by Vici Properties and operated by Caesars Entertainment. Harrah's Philadelphia Casino & Racetrack is a harness racing track and casino (a racino) on the Chester, Pennsylvania waterfront.

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