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Downstate New York Casino License Delay Could Be Another iGaming Roadblock

Updated timeline on requests for applications would mean casino licenses won't be determined until Dec. 31, 2025. The committee tasked with recommending applicants for three downstate New York casino licenses wants to push back a selection deadline by nearly a year. If the committee has its way, it could delay what would be the nation's most…

Law ・ 02 July 2024

New York Post

Who'll win NYC's casino race? Gambling experts set odds

As New York's summer grinds on, the battle for three city casino-licenses heats up. Proposals - plus $1 million application fees - are due on August 31 and billions hang in the balance. Outside of two racinos - Resorts World New York City in Queens and Empire City in Yonkers - which already have profitable electronic gaming and are said to be…

Law ・ 22 June 2024

US Bets

New York Lawmakers Want To Speed Up Casino Licenses

Two New York state lawmakers, Sen. Joseph Addabbo Jr. and Assemblyman Gary Pretlow - who were instrumental in getting online sportsbooks off the ground in New York - are pushing a bill to accelerate the timetable for awarding casino licenses in the New York City area. The proposed law would require bids to be submitted by July 31 of this year and…

Law ・ 22 May 2024

iGaming Business

New York casino licence decision not expected until late 2025

New York officially opened the bidding process for three downstate commercial casinos in January last year. An amendment to the 2013 New York State Constitution permitted four upstate casinos, which are open for business, then three more casinos closer or in New York City at a later date. The process has already drawn interest from several heavy…

Land-based ・ 04 May 2024

AP News

Not only New York casinos threaten Atlantic City. Developer predicts Meadowlands casino is coming

ATLANTIC CITY, N.J. (AP) - Atlantic City casinos are facing threats on multiple fronts from new competitors not just in New York, but from within their own state. That's not great news for a seaside resort in which the amount of money won from in-person gamblers continues to lag, with seven of the nine casinos winning less from on-premises…

Industry ・ 20 April 2024

Time Out

A giant casino could open in NYC's Hudson Yards if plans are approved

Some might say that Hudson Yards has enough massive dystopian glass structures (I'm looking at you, Vessel), but there's a real estate firm that would absolutely disagree. A proposal for Phase Two of Hudson Yards' development includes a call for a $12 billion complex that would consist of multiple buildings with apartments, office space, and a…

Land-based ・ 27 February 2024

Front Office Sports

Super Bowl’s Las Vegas Debut: Was It Good for the City and NFL?

The debut of Las Vegas as a Super Bowl host city is officially over, after a week unlike any other before it. The NFL fully embraced the home of sports betting, complete with league branding taking over casinos and sportsbooks, as well as some of the hottest bars and nightclubs. Now, the question is: Will the NFL bring its title game back to Sin…

NFL ・ 12 February 2024

The Post Journal

Plans Underway For Commercial Casino With No Size Limit In New York

MGM Resorts International has revealed its ambitious vision to revamp the existing Empire City Casino in New York into a commercial casino. Situated in the Yonkers area, the Empire City Casino currently functions as a video lottery racino, featuring slots and various table games. Casino giant MGM aims to step up the facility by expanding it into a…

Land-based ・ 13 January 2024

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Las Vegas Sands eyes Nassau Coliseum site for new casino

There's a new entry in New York's high-stakes competition for one of three downstate casino licenses. Las Vegas Sands is looking to set up a multibillion-dollar casino at the Nassau Veterans Memorial Coliseum site on Long Island. The gaming juggernaut is the latest entry into the fray, joining about half a dozen other firms since Albany said it…

Industry ・ 14 December 2023

Politico

The race is on to build a casino in New York City

New York state has a ban on new casinos until 2023, but Gov. Kathy Hochul wants to end that moratorium this year, allowing up to three casinos to open downstate. And already nine gambling giants are eager to bid on the contracts and are likely to offer grandiose plans for casinos, hotels and entertainment venues to boost their proposals. Some are…

Travel ・ 06 December 2023

iGaming Business

MGM reveals plans for full-scale commercial casino in New York

Located in the Yonkers region of New York, the Empire City Casino currently operates as a video lottery racino. The MGM venue offers slots and various table games, as well as harness racing betting and international simulcasting. However, MGM is seeking to transform the facility into a much larger venue with a range of facilities. These would…

Land-based ・ 30 November 2023

The Real Deal

Local Colleges Divided on Sands’ Nassau County Casino

Las Vegas Sands' proposed casino in Nassau County has set off a debate between two local higher education institutions. Hofstra University and Nassau Community College are on opposing sides over the benefits of a casino at the site of Nassau Veterans Memorial Coliseum, Newsday reported. Both schools are a short walk from where the gaming facility…

Law ・ 27 September 2023

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CoStar

New York Developer Gambles on Las Vegas Shift Toward Strip-Facing Stores

More than ever, new retail space being added off the Las Vegas Strip is bursting out onto the street. Stores on Las Vegas Boulevard, the famous 4-mile-long bustling corridor in the U.S. gambling capital, have traditionally been ensconced indoors in air-conditioned casino hotels or within a handful of enclosed malls. But two new projects, one under…

Land-based ・ 14 September 2023

US Bets

Eleven New York Casino Bidders Wait For Answers

At some point in September - date to be announced - the New York State Gaming Commission will hold a meeting during which it may have answers to hundreds of questions posed by the 11 potential bidders for the state's three downstate casino licenses. "May" is the word of choice because this question-and-answer process started back in February, when…

Travel ・ 30 August 2023

readsludge.com

Hochul Raises Casino Developer Cash Ahead of Licensing Decisions

A bidding war for New York City area casino licenses is underway, and New York Gov. Kathy Hochul and the state Democratic Party are taking large donations from the gaming companies and real estate giants developing pricey proposals, according to recently-released campaign finance filings. In the past two months, Hochul's fundraising committee…

Land-based ・ 20 July 2023

Gambling

Competition Heats Up For Downstate New York Casino Licenses

A prominent New York real estate developer has joined the list of those seeking a license to operate a commercial casino in downstate New York. Larry Silverstein, chairman of Silverstein Properties, is seeking to build a casino in Manhattan about four blocks west of Times Square at 11th Avenue and 41st Street, according to the New York Times. The…

Industry ・ 06 July 2023

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westchester.news12.com

Turn to Tara: Caesars plans massive Las Vegas style casino in the heart of Times Square

After years of keeping their plans close to the vest, developers are telling News 12 about their plans to expand a gaming empire into Manhattan. In his first sit-down interview, Caesars CEO Tom Reeg gave our Senior Reporter Tara Rosenblum a revealing look at his plans to build a full-scale Las Vegas style casino in the heart of Times Square with…

Land-based ・ 25 May 2023

iGaming Brazil

Las Vegas Sands Casino Project in New York Approved

Nassau County, New York State legislators approved the Las Vegas Sands' 99-year lease to build and manage a $4 billion casino on the site of Nassau Coliseum on Long Island. The civic association "Say No to the Casino", in collaboration with various pressure groups, has opposed the idea. They claimed that the Las Vegas Sands Casino on Long Island…

Law ・ 24 May 2023

NBC New York

Long Island News: Las Vegas Sands Gets Approval to Develop Casino Around Nassau Coliseum

Plans to bring a casino to Long Island have taken a big step forward, but there's still a long way to go. The Nassau County Legislature voted 17-1 Monday night to to grant Las Vegas Sands a 99-year lease to develop the 72-acre area around the Nassau Coliseum in Uniondale. The $5-billion project will include a casino, hotel, entertainment venue and…

Law ・ 23 May 2023

New York Post

Sen. Jessica Ramos blocks Steve Cohen's casino bid next to Mets ballpark

A state lawmaker who represents the communities around the Mets' Citi Field has temporarily blocked billionaire Mets owner Steve Cohen's plan to build a casino and entertainment complex in the lots next to the ballpark. Cohen needs legislation approved by the state Legislature in Albany in order to start a commercial venture in the lots around Citi…

Law ・ 22 May 2023

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Hofstra president Susan Poser debunks Sands casino as bad bet, urges local lawmakers to nix it

The president of Hofstra University is urging Long Island lawmakers to nix a plan for Las Vegas Sands Corp. to put a casino at the Nassau Coliseum near its campus - claiming it'll be more trouble than it's worth. "The casino proposed by Las Vegas Sands runs directly counter to the interests of our local population and will create dangers rather…

Law ・ 08 May 2023

New York Post

Coney Island leaders not feeling lucky about casino plan

A pitch to build a casino and entertainment complex in Coney Island got losing snake eyes from community leaders who voted against a gambling joint along Brooklyn's historic beach and boardwalk. Community Board 13 members overwhelmingly passed a resolution rejecting the plan, 23 to eight - with the chairwoman saying she didn't want to turn Coney…

Politics ・ 01 May 2023

Silive

A casino in Times Square? Manhattan coalition and Broadway group certainly hope not

NEW YORK, N.Y. - A new alliance of Manhattan groups and associations, including The Broadway League and the many theatre owners and producers it represents, are aiming to stop Caesars Palace Times Square from rising. The "No Times Square Casino" Community Coalition, which unveiled its messaging and purpose Friday, says major traffic congestion, a…

Land-based ・ 20 April 2023

Gothamist

Broadway group doubles down on Times Square casino opposition

A group of Broadway theater owners and producers is leading an effort to lower the curtain on plans for a Times Square casino. The Broadway League, a theater industry trade group, is joining forces with local restaurant owners to block a bid for a new gambling hub nearby. The group, called the "No Times Square Casino" Community Coalition, says that…

Travel ・ 16 April 2023

Elite Sports NY

NJ Online Casinos: Best Apps & Promos in New Jersey

Perhaps the best part of NJ Online Casino lies in the overall variety. Forget a couple of options, a few options, or even several options that operate in the legal realm; legitimate online casino in New Jersey boasts a tremendous number of mobile app options. There are around 33 total online casino mobile apps available in New Jersey. The variety…

Mobile ・ 07 April 2023

Newsday

Sands, seeking casino license, funds programs in Nassau, including visit by David Beckham

Since announcing it wants to build a casino in Uniondale, Sands New York has spread money around Nassau to sponsor a wide range of local programs, including bringing in soccer superstars and a former NFL star to grace a youth events. The group also has sponsored Irish American government day in Garden City, training programs at Nassau Community…

Industry ・ 25 March 2023

US Bets

Gambling Expansion Momentum Has Slowed To A Halt In New York

An effort to legalize online casino games in New York died this week when legislators from both the House and Senate omitted it from their budget proposals. In the final days of negotiations, even the man who wrote the bill could see it was gaining little traction. The licensing of three new casino projects in or around New York City has slowed…

Sports ・ 18 March 2023

AMNY

Rolling the dice: A closer look at the 10 contenders seeking lucrative New York casino licenses

This story was reported by Timothy Bolger, Ben Brachfeld, Jada Camille, Aidan Graham, Carlotta Mohamed, Dean Moses, Bill Parry, Aliya Schneider, Robbie Sequeira and Ethan Stark-Miller. It was edited by Christian Murray and Robert Pozarycki. New Yorkers are bearing witness to a World Series of Poker-style showdown featuring ten bids involving some…

Land-based ・ 09 March 2023

CoStar

Soloviev Group Bets Manhattan’s Largest Undeveloped Lot Will Help It Win Coveted Casino License

The Soloviev Group has finally settled on what it wants to do with what's billed as the largest undeveloped lot in Manhattan, which it said it's owned for 15 years: place a big bet on winning a casino license among heavy competition as demand for offices looks less attractive. The developer, known for projects such as New York's iconic 9 W. 57th…

Land-based ・ 09 March 2023

City & State New York

Casino and real estate magnates are looking to hit the jackpot in New York City

Soon, three new full-scale casino licenses will be issued in the New York City area, and business interests from across the globe are looking to get in on the action. Among those vying for the rights to develop their gambling and leisure megacomplexes - the licensing fee is $500 million with a minimum investment of another $500 million in the…

Winnings ・ 07 March 2023

City & State New York

How do you convince Manhattanites a casino will be good for their neighborhood?

Casino companies are used to having a house advantage. But in the bidding process for three downstate casino licenses, it's the local communities that those companies are hoping to call home that just might have the edge. Roughly a dozen casino companies and real estate developers are mulling or planning on bidding for one of three casino licenses…

Industry ・ 07 March 2023

New York Post

Hard Rock Cafe's Russia ties imperil bid for NY casino

Gaming operator Seminole Hard Rock's highly anticipated bid for a New York City casino license has been complicated by its business ties to Russia, sources told The Post. The ubiquitous Hard Rock brand - founded by Americans in London in 1971 and purchased by the Seminole Tribe of Florida in 2007 - has long been expected to announce its application…

Politics ・ 03 March 2023

The Nevada Independent

Indy Gaming: Expanded multi-state online gaming may not benefit Nevada

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz The inclusion of Michigan into the…

Industry ・ 23 February 2023

New York Post

Bally's eyes NYC casino next to Trump's Bronx golf course

Gaming giant Bally's is betting on The Bronx - by proposing a casino next to the Trump Organization's public golf course at Ferry Point, The Post has learned. Sources familiar with the corporation's plan said its officials have engaged in discussions with the Trump Org about assigning 17 of the 300 acres on the site to Bally's to operate a…

Finance ・ 13 February 2023

solosophie.com

A 3 Day Weekend in Las Vegas Itinerary You’ll Want to Steal

If you're considering spending a 3 day weekend in Las Vegas, then keep this itinerary at hand and bookmark it for quick reference while you explore this unique destination in Nevada. Sin City is a thrilling destination for a weekend escape, a romantic break, or an all-friends adventure. Featuring the right amount of entertainment, gambling, and…

Travel ・ 09 February 2023

AMNY

NYC casino bidding war: Latest entrant pitches huge hotel and Ferris wheel near UN

Are you ready for a high-rollin', high-flyin' time near the UN? Yet another entrant has joined the field in the fierce bidding war for a casino license in New York City - this time led by a billionaire developer who also wants to construct a huge Ferris wheel on vacant land just south of the United Nations. The wheel is the centerpiece of a joint…

Land-based ・ 02 February 2023

New York Post

Hard Rock, eyeing casino license, put chips behind Hochul

An executive from Seminole Hard Rock casino reportedly sent a brazen "pay to play" email solicitation urging associates to put their chips behind Kathy Hochul's campaign to be elected governor - as the firm makes an aggressive push to win a license to operate a gambling parlor in New York City. "Team, as we prepare for the final stretch of our…

Industry ・ 02 February 2023

New York Post

New York charging $500 million fee for NYC casino license

The operators awarded licenses to run any of the three New York City-area casinos will have to pay the state at least a $500 million fee for the chance at rolling the dice, according to new rules approved by a state siting board Tuesday. The New York Gaming Facility Board released the request for applications, which includes a rating system that…

Politics ・ 02 February 2023

chinadaily.com.cn

Developers seek casinos in Manhattan

A proposal seeking one of New York City's three casino licenses would include a massive Ferris wheel near the United Nations' headquarters in Midtown Manhattan with a mostly underground casino. Another proposal would convert the top three floors of Saks Fifth Avenue's flagship department store on Fifth Avenue across from Rockefeller Center and St.…

Law ・ 02 February 2023

commercialsearch.com

REITs Lead Charge to Consolidate Casino Real Estate

The slowdown in transactions across commercial real estate as a result of higher interest rates is unlikely to dramatically change in the near term as the question of value continues to plague buyers, sellers and lenders. But properties that house gaming operators are proving the exception. Not only did casino tenants pay rent when closed during…

Land-based ・ 01 February 2023

The New York Times

Latest NYC Casino Bid Includes a Ferris Wheel Near the UN

After more than two decades, a developer's megaproject could finally take root at the sprawling, fallow site near the United Nations headquarters in Midtown. Its latest bid: a proposal for Manhattan's first Vegas-style casino. Soloviev Group, the longtime owner of the 6.7-acre plot, said on Tuesday that it will partner with Mohegan, the casino and…

Industry ・ 31 January 2023

Skift

Las Vegas Sands Eyes Casino For NY's Long Island

Move over Macau and Singapore. Las Vegas Sands is betting on Long Island, unlike other city-centric developers spending millions to win a casino license in New York. All these new proposals are focusing on corporate meeting spaces and tourism boosts to the economy to turn the odds in their favor. Las Vegas Sands is pursuing a multi-billion flagship…

Travel ・ 31 January 2023

News Anyway

New York City is getting closer to a brand-new gaming paradise

New York, the city that never sleeps, offers many entertainment outlets to the ones visiting. You can head off to the Rockefeller center and Time Square, visit museums, watch a play at the West End, and even eat some yummy hotdogs. Yet, if you want to gamble in New York City, you must wait a couple of months. We only recently woke up to the news…

Land-based ・ 30 January 2023

panasiabiz.com

New York Senator Wants Casinos To Be Licensed In 2023

This year, a New York politician wants to legalize complete casinos near New York City. Sen. Joseph Addabbo, a Democrat from Queens, said that he doesn't wish the licensing procedure for three casinos in the metro region that are designed to resemble Las Vegas to "linger." Addabbo chairs the state Senate's Committee on Racing, Gaming, and…

Law ・ 15 January 2023

Politico

High rollers vie for New York casino in Times Square

But the real estate honchos promising pomp and circumstance - namely, Related Companies at Hudson Yards and SL Green in Times Square - have to overcome something their money can't buy: A handful of local politicians who not only don't care about the flashy proposals, but are turned off by Manhattan's years-long transformation into a playground for…

Politics ・ 14 January 2023

The Street

Saks Fifth Avenue Takes a Gamble on NYC Casino

Saks Fifth Avenue is feeling lucky. The iconic New York City department store, which opened its doors on September 15, 1924, is looking to get into the casino business. Hudson's Bay Company, the owner of the Saks Fifth Avenue department store chain, said it would bid with the state to convert the top three floors of its flagship store in Midtown…

Industry ・ 14 January 2023

New York Post

Mets owner Steve Cohen seeks Queens input while eyeing casino bid

Mets owner Steve Cohen wants input from locals in Queens about the future of the property around Citi Field as he eyes submitting a bid to open a casino near the stadium. Cohen announced Monday he'll be hosting a Jan. 7 public "visioning session" at Citi Field in Flushing to discuss ideas to "re-imagine space" around the ballpark. "For months, we…

Travel ・ 14 January 2023

WSHU

Las Vegas Sands pursues a downstate casino license at old Nassau Coliseum site

Las Vegas Sands, the resort company and casino, announced Thursday that it will pursue a license to operate an entertainment destination and casino on the property of the former Nassau County Coliseum in Uniondale. Sands Corp. is vying for one of from the New York State Gaming Commission, which applications opened for last week. Former Governor…

Law ・ 14 January 2023

New York Post

Saks unveils stylish plan for casino at Fifth Avenue store

Saks Fifth Avenue finally tipped its hand, confirming plans to bid for a casino license on the top floors of its flagship store on Fifth Avenue. The luxury department store between East 49th and East 50th streets, next to St. Patrick's Cathedral, released exclusive images to The Post for a casino that will bring high rollers to the home of high…

Industry ・ 13 January 2023

The New York Times

Saks Fifth Avenue Owner Unveils Plan for Casino at NYC Store

The race to build New York's first full-service casino is going upscale. Hudson's Bay Company, the owner of the Saks Fifth Avenue department store chain, said it would bid with the state to convert the top three floors of its flagship store in Midtown Manhattan into a Monte Carlo-style casino. The project is one in a growing list of bids to secure…

Industry ・ 13 January 2023

Review Journal

Las Vegas Sands Corp. to build Long Island casino resort

Las Vegas Sands Corp. is proposing to build a multibillion-dollar resort on Long Island, New York, as part of a bid for one of three downstate New York casino licenses. Las Vegas Sands said Thursday it has entered into agreements to purchase the long-term lease of the site that's currently home to the Nassau Veterans Memorial Coliseum. The…

Land-based ・ 13 January 2023

Gambling

New York Senator Wants Big Apple Casinos Licensed This Year

A New York lawmaker is pushing for full casinos to be licensed in the New York City area this year. Sen. Joseph Addabbo, D-Queens, told Gambling.com he doesn't want the licensing process for three Las Vegas-style casinos in the metropolitan area to "linger." Addabbo is chairman of the state Senate Committee on Racing, Gaming and Wagering. Any delay…

Law ・ 13 January 2023

The Bronx News 12

Las Vegas Sands plans to lease Nassau Coliseum for multibillion-dollar flagship casino

News 12 Long Island has learned that Las Vegas Sands is looking to develop a multibillion-dollar flagship hospitality, entertainment and casino project at Nassau Coliseum.The decision to pursue the development comes after the recent release of the New York State Gaming Commission's request for application for three downstate New York gaming…

Travel ・ 12 January 2023

Yogonet

Las Vegas Sands reportedly exploring Nassau County as location for potential New York casino bid

Nevada-based casino and resort giant Las Vegas Sands is reportedly eyeing Nassau County for a potential casino application in New York, according to local media. The firm's interest in pursuing an opportunity in the Empire State follows a New York Gaming Facility Location Board vote on Tuesday that opened up the application process for three…

Law ・ 12 January 2023

Yogonet

Sands joins downstate NY casino race with multi-billion dollar Long Island bid

Las Vegas Sands announced Thursday it will bid for a multi-billion dollar casino at the Nassau Veterans Memorial Coliseum site on Long Island, New York. The company's move to pursue an opportunity in the Empire State follows a New York Gaming Facility Location Board vote earlier this month that opened up the application process for three downstate…

Travel ・ 12 January 2023

Newsday

Las Vegas Sands proposes multibillion dollar project on Nassau Coliseum site

Las Vegas Sands, the casino and resort company, has submitted a bid to build a privately-funded, multibillion dollar tourism destination on the site of the Nassau Coliseum, after striking a deal to become the new tenants on the county-owned property, officials confirmed to Newsday. Officials with knowledge of the proposal, which would include a…

Industry ・ 12 January 2023

US Bets

No Mention From Governor, But New York Casino Process Moving Along

New York Gov. Kathy Hochul spoke for nearly an hour during her State of the State Address Tuesday, mentioning sweeping, expensive proposals for mental health, housing, inflation, security, and energy policies before mentioning that those ideas were just the "tip of the iceberg" of what she'd like to accomplish. "I know most of you cannot wait to…

Finance ・ 10 January 2023

The Sports Geek

Steve Cohen Meets With Locals to Discuss Casino Plans

New York Mets team owner Steve Cohen met with more than 500 Queen residents last Saturday to solicit inputs on how to best develop the area around CitiField, including the possibility of bringing a casino to the Willets Point property. Cohen and the local community members talked about how to turn the long-dormant property into an all-weather and…

Industry ・ 10 January 2023

Broadway World

Jay-Z Joins Bid For Caesars Palace Times Square Casino

Jay-Z's Roc Nation has joined SL Green and Caesars Entertainment in the proposal to build a casino in Times Square. TimeOut has reported that the music mogul's company has added their support for the potential casino would be called Caesars Palace Times Square and would be located at 1515 Broadway, in the same building complex as the Minskoff…

Land-based ・ 10 January 2023

Gambling News

Senator Addabbo Talks about New York’s Three Newly Planned Casinos

The New York Gaming Facility Location Board officially opened the process for three new full casino licenses. Several companies have already expressed interest in opening venues in prime locations, so competition is already heating up. Long-time gambling proponent Sen. Joseph Addabbo used the opportunity to discuss the process and share his…

Law ・ 09 January 2023

Casino Reports

Jay-Z’s Roc Nation Wants in on Times Square Casino Action

It looks like SL Green and Caesars Entertainment have received a boost in their pursuit of a commercial casino in Times Square, New York City. The two have now partnered up with Roc Nation, which is an entertainment agency founded by popular hip-hop artist and producer Jay-Z. The trio will now certainly form a strong case when bidding for a casino…

Industry ・ 06 January 2023

NY1

Sen. Joseph Addabbo talks about casinos coming to NYC

New York is officially accepting applications for three new casinos, which would include live table games and slot machines. The state's Gaming Facility Location Board voted earlier this week to open the process. The board will also review applications based on three main factors: job creation, how much revenue it can bring in and the impact it…

Industry ・ 06 January 2023

casinogamespro.com

New York State to Accept Gambling Companies’ Applications for Full-Scale Casino with $500-Million License Fee

On January 3rd, 2023, New York officials confirmed that the state's bid to hand out three operating permits for full-scale casinos will go as planned after they unanimously approved the beginning of the formal application process for gambling companies. Each of the licenses will cost at least $500 million. The Gaming Facility Location Board had a…

Live Gambling ・ 05 January 2023

World Casino News

New York's iGaming regulator is charging a $500 million fee for city casino license

Once licensed to operate any of New York state's three casinos, the operators are required to pay the state at least a $500 million fee for the gambling license, under new rules authorized by the state's site committee announced Tuesday. Request for applications: The filling was revealed by the New York Gaming Board, known as New York's iGaming…

Law ・ 05 January 2023

NY1

NY officially opens applications to build 3 new casinos

New York has officially begun to accept applications for three new full-fledged casinos. The state's Gaming Facility Location Board voted Tuesday to open the application process for the casinos, which would include live table games in addition to slot machines. The board said it will review each application and decide on the locations based on…

Live Gambling ・ 04 January 2023

Fortune

New York City could be getting a casino

Las Vegas has the New York, New York casino on the strip. Now New York City might be in line for a bit of Las Vegas. The state's Gaming Facility Location Board has opened up the application process for three full-fledged casinos in the state. Caesars Entertainment has already expressed interest in opening a casino in Times Square and is likely to…

Travel ・ 04 January 2023

Yogonet

New York State officials approve rules for casino license bidding process

New York State officials have released the criteria they will use to determine how up to three new casino licenses will be awarded. The operators awarded licenses to run any of the New York City-area properties will have to pay the state at least a $500 million fee for the permits, according to the rules the New York Gaming Facility Board approved…

Industry ・ 04 January 2023

US Bets

New York Casino Location Board Ready For Big Apple Applicants

The panel charged with determining where to locate New York City-area casinos issued a request for applications (RFA) on Tuesday in its first public meeting, signaling the start of the expensive, high-stakes competition for the three licenses being dangled. The Gaming Facility Location Board, part of the New York State Gaming Commission, announced…

Law ・ 04 January 2023

The Points Guy

Slot machines over Broadway: Caesars Entertainment the latest to bet on NYC casino license

In a few years, the unlimited soup, salad and breadsticks at the Olive Garden might not be the only jackpot that awaits tourists heading to New York City's Times Square. Developer SL Green Corporation and Caesars Entertainment - owner of casino resort brands like Caesars Palace and Harrah's - want to put a casino in a skyscraper at 1515 Broadway in…

Travel ・ 31 December 2022

Casino Reports

Stefan Soloviev Eyes Downstate Casino License in NY

Yet another candidate has emerged who is interested in joining the New York State's casino industry, and his name is Stefan Soloviev. The real estate developer has expressed interest in one of the three available downstate casino licenses and has allegedly already started discussions with Las Vegas brands to potentially develop one south of the…

Industry ・ 30 December 2022

The New York Times

Where’s the Best Place to Build a Casino in New York City?

Two public development projects are in the works that will indelibly change the character of New York City. Both are fraught with political and economic risks, and both will strike a nerve with many New Yorkers. The first is the closing of the notorious Rikers Island jail complex. The city's plan, which includes relocating the incarcerated…

Industry ・ 30 December 2022

New York Post

Gov. Kathy Hochul weighs bill to let criminals work in New York casinos

Gov. Kathy Hochul has a piece of legislation sitting on her desk that would allow casino operators to hire a diverse range of convicted felons - from drug peddlers to killers. The measure was sent on Tuesday to the governor for her signature or veto after passing the state Senate and Assembly by big bipartisan margins in June. Current law bars…

Law ・ 26 December 2022

US Bets

A Deeper Look At New York's Powerful Casino Location Board

Investor and restaurateur Ken Sturm has been doing business in Times Square for more than three decades. The owner of Bacall's Steakhouse on West 44th Street and the world-famous Ellen's Stardust Diner (named after his mother) on Broadway and 52nd Street, Sturm has seen what the pandemic has done to the heart of Manhattan. He thinks it's time the…

Law ・ 21 December 2022

westchester.news12.com

In the cards: Empire City Casino GM discusses expansion plans if it acquires coveted gaming license

The future of New York's gambling sector could soon start to take shape, as the state Gaming Commission is expected to formally release applications for three full-scale gaming licenses downstate.It's a decision that could have a dramatic impact on the Yonkers economy if MGM receives one of the coveted licenses for Empire City Casino.Ed Domingo,…

Live Gambling ・ 19 December 2022

The New York Times

Times Square May Get One of the Few Spectacles It Lacks: A Casino

Times Square, New York City's famed Crossroads of the World, could hardly be considered lacking. It has dozens of Broadway theaters, swarms of tourists, costumed characters and noisy traffic, all jostling for space with office workers who toil in the area. Now one of the city's biggest commercial developers is pitching something that Times Square…

Travel ・ 17 December 2022

Forbes

Blackjack On Broadway: Caesars Palace Casino May Come To Times Square

Caesars Entertainment unveiled plans Thursday to develop a massive casino resort on Broadway in the heart of Times Square amid the already bright and boisterous neighborhood, as the highly lucrative battle to bring gambling to Manhattan heats up. Caesars Palace Times Square would be located at 1515 Broadway- once home to MTV's famous Times Square…

Land-based ・ 15 December 2022

The Real Deal

Casino State of Mind: Jay-Z Joins SL Green Bid

You can't knock the hustle of SL Green Realty and Caesars Entertainment. The companies behind the Times Square casino bid at 1515 Broadway brought in rapper and business mogul Jay-Z to add to their effort to win one of the few licenses soon to be available, the New York Post first reported. Roc Nation, the Brooklyn native's company, announced…

Industry ・ 08 December 2022

essence.com

JAY-Z, Roc Nation Join Bid for Times Square Casino

It looks like Jay-Z aiming to add "casino czar" to his business portfolio. The rap mogul's full-service entertainment agency, Roc Nation, will be the official entertainment partner of SL Green and Caesars Entertainment in their bid for a new, state-of-the-art gaming facility at 1515 Broadway in Times Square, per a press release shared with…

Land-based ・ 06 December 2022

US Bets

Jay-Z In Times Square Casino State Of Mind

Developers and casino operators are pulling out all the stops in their pursuit of one of the New York City-area casino licenses being dangled by the New York State Gaming Commission as the selection process draws closer. Brooklyn native Jay-Z and his Roc Nation entertainment agency have joined a group of investors pushing for a Las Vegas-style…

Law ・ 06 December 2022

Time Out

JAY-Z might open a casino in NYC

The potential name of the project is Caesars Palace Times Square. It's still in the bidding phase but we can certainly see it become a reality: JAY Z's Roc Nation has joined SL Green and Caesars Entertainment in a proposal for a new Times Square casino. If accepted, they would build a state-of-the-art gaming facility at 1515 Broadway by Seventh…

Land-based ・ 06 December 2022

Commercial Observer

New York City Casino Competition Heats Up: The Details

A downstate casino license in New York seems to be the ace of spades for developers, with five groups having made their plans known to compete for only three available licenses. However, the details of each project will depend upon a request for proposals expected to be issued by the New York State Gaming Commission before Jan. 6. Until then,…

Land-based ・ 05 December 2022

New York Post

Jay-Z joins Times Square team bidding for prized NYC casino

SL Green and Caesars Entertainment have a glam new partner in their hoped-for Times Square casino - Brooklyn-born billionaire rapper and entertainment impresario Jay-Z and his Roc Nation, Realty Check has learned. The three-way partnership, to be announced at SL Green's annual investor conference on Monday, marks a dramatic twist in the developer's…

Land-based ・ 05 December 2022

Vegas Slots Online

Jay Z Ties-up With Caesars for NYC Times Square Casino

The eleventh-hour interloper in the multi-corporation gold rush for just three downstate New York casino licenses has upped the ante by adding star power to its pitch. Jay-Z and his world famous entertainment agency, Roc Nation For their Times Square casino project, the New York Post revealed Sunday, Caesars Entertainment and New York property…

Industry ・ 05 December 2022

The New York Times

Related Companies and Wynn to Bid for New Casino in Midtown Manhattan

One of New York City's most prolific developers on Thursday announced that it was teaming up with a Las Vegas gambling giant to bid on a casino in Midtown Manhattan. The bid by Related Companies, the developer of Hudson Yards, and Wynn Resorts represents the first publicly announced bid for one of three new casino licenses open to city…

Law ・ 01 December 2022

Propmodo

Do Casinos and Big Cities Mix? Some Major Real Estate Developers Think So

Thousands of miles east of Las Vegas, big-name developers are clamoring for a rare casino license in one of the most densely-populated cities in the country. A long-in-the-works set of licenses, which will cost at least $500 million each, are up for grabs in New York state, which has led to a rush of bids from companies including Manhattan's…

Land-based ・ 01 December 2022

The New York Times

A Casino Atop Saks? Lobbyists Push for Manhattan Gambling Site

A Monaco-style casino atop Saks Fifth Avenue, across the street from St. Patrick's Cathedral. A gambling den with East River views, alongside a popular wedding venue. A Hard Rock casino in the center of Times Square. In the next several days, as part of state budget negotiations, Gov. Kathy Hochul and legislative leaders may well hash out a deal…

Politics ・ 01 December 2022

The New York Times

If New York City Gets Las Vegas-Style Casinos, What Else Will It Get?

Before too long, New Yorkers and the millions of tourists who visit the city every year may have a new way to test their luck - and part with their money - amid the bright lights and skyscrapers of Midtown Manhattan: hands of blackjack or spins of the roulette wheel inside a new casino with all the trappings of Las Vegas, down to the incessant…

Law ・ 01 December 2022

Silive

Three casino licenses approved for NYC area; here’s what we know

STATEN ISLAND, N.Y. -- New York State's fiscal year 2023 budget has been officially signed into law, fast-tracking a possible jackpot for New York City with up to three full casino licenses on the way. The Class III licenses would allow poker and other table games, slot machines and retail sports betting. The state is still establishing the process…

Law ・ 30 November 2022

New York Post

NY could net $400M if pols legalized internet casino gaming

New York State is losing an estimated $400 million in annual tax revenue by refusing to legalize gambling for internet casino games like roulette and Blackjack. The Empire State could be raking in $428 million annually if the state legislature and Gov. Kathy Hochul approved a bill permitting "iGaming" casino -style games, according to a new report…

Law ・ 30 November 2022

Times Union

Saratoga Casino, Yankees owners, Cowboys, Chickasaw tribe NYC casino license

SARATOGA SPRINGS - Saratoga Casino and Raceway is joining forces with a real estate investment group, a Native American tribe, and an affiliate of the Yankees baseball team to pursue a license to open what, if awarded, would be one of three full-service casinos in the New York City area in coming years. "We haven't put anything formally into…

Law ・ 30 November 2022

Broadway World

The Broadway League Voices Further Opposition to Potential Times Square Casino

As BroadwayWorld, commercial developer, SL Green Realty Corporation and gambling corporation Caesars Entertainment joined a bidding war to obtain a casino license to bring a new gaming and gambling location to Times Square. The Broadway League sent a letter to its members expanding upon their strong opposition to a casino being opened in Times…

Travel ・ 30 November 2022

World Casino News

Major Competition for NY License as Thor Equities invests $3 billion

Thor Equities, a real estate development, leasing, and management firm, has made a 3 billion dollar bid to build a new casino and entertainment venue at Coney Island, Brooklyn, with the backing of its partners Saratoga Casino Holdings, Legends and Chickasaw Nation. The race for a New York license: In 2013, New York authorities accepted casinos for…

Industry ・ 30 November 2022

The Washington Post

A casino in hectic Times Square? This theater critic says heck no.

NEW YORK - That "permanent floating crap game" that good old reliable Nathan is always trying to set up may be coming to Times Square. I'm not talking about "Guys and Dolls" - though that, coincidentally, may be in the cards, too. No, what's actually being pitched is a casino in the heart of the theater district, a serious proposal that has deeply…

Travel ・ 29 November 2022

Propmodo

Thor Equities Rolls Out $3B Bid For New York City Casino

Commercial real estate firm Thor Equities is the latest major developer to throw its hat in the ring for a casino license. The New York-based firm announced last week it has partnered with Saratoga Casino Holdings, Legends, and the Chickasaw Nation in a bid to develop a new casino and entertainment venue within Brooklyn's famed Coney Island. The $3…

Land-based ・ 29 November 2022

Times Square Chronicles

Times Square May Finally Get a Casino

What do you get when you combine Hollywood Boulevard and Las Vegas? Something not too dissimilar to Times Square in New York. The bright lights, always'on' vibe, and milieu of sounds and smells is a cauldron of activity-and now, the race is on for a casino to be built in the heart of New York City as well. With gambling legal in metropolitan New…

Travel ・ 27 November 2022

The New York Times

Coney Island Has a Bit of Everything. Does It Need a Casino?

The Cyclone roller coaster. The boardwalk. The famous hot dogs. Not to mention the aquarium, baseball stadium and wide expanse of ocean beach. What more could Coney Island need? In the opinion of Joseph J. Sitt, a longstanding Coney Island landlord, the answer is a beachfront casino. On Tuesday, Mr. Sitt, the chief executive of Thor Equities, will…

Travel ・ 23 November 2022

Poker News Daily

Would a Casino in Times Square Work? New York Eyes Gaming Expansion to the Big Apple

We have seen it across the States of America. Areas that had never embraced gaming have moved forward with regulating online sports betting, daily fantasy sports (DFS), and even casino gaming (online poker, alas, lags far behind). Now states are beginning to eye areas of expansion for their "brick and mortar" operations, with the state of New York…

Sports ・ 20 November 2022

Broadway World

PIX11 Anchor Kori Chambers To Host The 11th ADAPT Santa Project Party Casino Night, December 6

Edward R. Matthews, CEO of ADAPT Community Network, announced today that Kori Chambers, multi-Emmy-winning PIX 11 News Anchor at 5:00 p.m., 6:00 p.m., 6:30 p.m., and 10:00 p.m., will host the 11th Annual ADAPT Santa Project Party Casino Night benefiting the Children's Programs of ADAPT Community Network on December 6th at Jimmy Buffett's…

Games ・ 16 November 2022

Vegas Slots Online

Gov. Hochul Backs NY Casinos Amid Political Opposition

In a gubernatorial election debate, New York Governor Kathy Hochul rejected the notion of suspending the license bidding process for three downstate casinos. [Image: Shutterstock.com] In a gubernatorial debate against Republican challenger Congressman Lee Zeldin, New York Governor Kathy Huchel stuck to her guns regarding plans to bring three…

Politics ・ 27 October 2022

The Nevada Independent

Indy Gaming: Caesars enters NYC casino skirmish after first rejecting the idea

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Caesars Entertainment's entrance into an…

Covid ・ 26 October 2022