#Resorts World New York City

eu.poughkeepsiejournal.com

Monticello Raceway to close its casino operations, but keep racetrack open

It's opening day at a Resorts World Catskills, a new $1.2 billion casino, Feb. 8, 2018. ALBANY - Monticello Raceway plans to close its gambling parlor with 1100 video-lottery terminals in April as it seeks to consolidate its operations with the nearby $1 billion Resorts World Catskills. Both facilities in Sullivan County are owned by Empire…

Travel ・ 07 March 2024

bet.com

Nas Joins Resort World's $5 Billion Casino Expansion In Queens

Hip-Hop icon Nas has partnered with Resorts World New York City on a $5 billion expansion plan for a casino in Queens. The vision of Aqueduct Park is to transform the casino in Nas' hometown, into a full-fledged establishment that mirrors the company's properties in Las Vegas. According to a press release, the project will expand the casino floor…

Industry ・ 02 March 2024

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

Asgam

Potential resurrection of New York, Massachusetts casino developments bodes well for Genting Malaysia

Maybank Investment Bank said Sunday they could raise Genting Malaysia's long-term earnings estimates by as much as 74% following news that two key potential casino developments in the United States could be back on the menu. As per local news reports, the New York State Gaming Commission has now resumed the Request for Applications (RFA) process…

Gaming Authorities ・ 10 October 2023

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Casino City Times

Resorts World Casinos hit jackpot for New York’s public schools

Resorts World Casino New York City, the state's largest taxpayer, announced today it has reached a major milestone in supporting New York's public schools. As of 21 July, Resorts World crossed the $4 billion mark in revenue generated for New York's lottery education fund. That means that in just 12 years, Resorts World has produced enough revenue…

Travel ・ 11 August 2023

Casino Reports

Las Vegas Sands Adds Canyon Ranch to NY Casino Bid

Las Vegas Sands is upping its efforts in its pursuit of a full-scale casino license in downstate New York. Just recently, the gambling leader announced that it has secured the leader in the destination wellness category, Canyon Ranch, for its US$4-billion bid for an integrated casino resort on Long Island at the Nassau Veterans Memorial…

Travel ・ 31 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

Yogonet

Mohegan seeking to boost NY casino bid odds by pledging local businesses support

Mohegan is seeking to boost its odds of securing one of New York's three commercial casino licenses to be made available for the downstate region. The company is pledging to support local small businesses and already signing up loyalty program partners in the Big Apple. The gaming and hospitality firm, controlled by the Mohegan Tribe in…

Travel ・ 27 April 2023

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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

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

WTOP

Outside of Nevada, MGM National Harbor was top US casino last year

MGM National Harbor, which recently marked its sixth anniversary, is not only the top casino by gaming revenue among Maryland's six casinos, but it was also the top performing commercial casino out of Nevada last year. Overall, the Baltimore-Washington, D.C. market ranked the No. 3 market for gaming revenue, behind only the Las Vegas Strip and…

Finance ・ 27 February 2023

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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

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 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

Yogonet

New York moves toward Downstate casino licenses by appointing first siting board members

New York gambling regulators took Monday a step forward toward the proposed casino expansion for the New York City metropolitan area by naming officials to a board set to oversee siting for the projects. The Gaming Commission named former New York City Housing Commissioner Vicki Been, New York Women's Chamber of Commerce President and CEO Quenia…

Law ・ 07 January 2023

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Resorts World Hudson Valley Casino Opens in New York

Image Source: Resorts World The casino is situated in the Newburgh Mall and promises to provide long-term employment opportunities and attract many new guests and visitors. Newburgh residents expressed optimism that the extra business will help revitalize the local community. Resorts World Hudson Valley opened with fanfare on 28 December. The…

Travel ・ 07 January 2023

Westfair Commumications

Newest HV casino set for Dec. 28 opening

The latest addition to New York state's roster of casinos is scheduled to open Dec. 28 at the Newburgh Mall on Route 300 near the intersection of the New York State Thruway and Interstate 84. Resorts World Hudson Valley (RWHV) is in the 68000-square-foot space formerly occupied by the BonTon department store. The new casino features about 50000…

Travel ・ 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

Horse Racing Nation

Racino operators may bid big to open casinos in New York City

Racino operators at Aqueduct and Yonkers were expected toput in bids of at least $500 million each to try to win the right to open anyof three new casinos in and around New York City, according to media reportsthis week. The state Gaming Facility Location Board in New Yorkapproved the terms of engagement Tuesday. It opened the bid process for…

Travel ・ 05 January 2023

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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

Review Journal

Wynn Resorts partners with New York land developer Related Companies on casino resort license

Wynn Resorts Ltd. is partnering with a New York real estate company to pursue one of three new downstate casino licenses in a Manhattan neighborhood. Related Cos. and Wynn announced the agreement Thursday to develop a casino, resort and entertainment area near the Javits Center on the western side of the Hudson Yards, near the Hudson River. The…

Travel ・ 18 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

News 10

State's newest casino set to open in Newburgh

NEWBURGH, N.Y. (NEWS10) - New Yorkers will soon have a new place to strike it rich. The state's newest casino, Resorts World Hudson Valley (RWHV), is slated to open on Wednesday, December 28, at 10 a.m. Located in Orange County at the Newburgh Mall, the casino will feature 50000 square feet of gaming and hospitality space including 1200…

Travel ・ 14 December 2022

Washington Examiner

New York casino hopes to bring economic boost

Travel ・ 14 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

Newsday

Las Vegas Sands looking at Long Island sites for casino

One of the world's largest gambling businesses, Las Vegas Sands Corp., is looking to build a casino on Long Island at the suggestion of its senior vice president David A. Paterson, a former New York governor. "We don't know where the location is at this point," Paterson said in a Newsday interview on Thursday. "But I'm the one who suggested that…

Industry ・ 01 December 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

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

World Casino News

New York Yankees Roll Dice for new casino license

The competition is about to start - and all the interested sides are determined to win. New casino in New York: New York City is about to get one more casino, and many are interested in betting for the newest license. The casino will be placed on Coney Island, a famous Brooklyn neighborhood. Among the ones who are ready to roll the dice on the…

Travel ・ 23 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

Casino Reports

NY Formally Includes Downstate Casinos in Budget

Gambling enthusiasts from downstate New York would be happy to learn that last week, the local government has officially included downstate casino licenses in the new budget. Lawmakers have now given the go-ahead to fast-track the issuance of the three commercial gaming licenses, which will start a bidding process from gaming companies that wish to…

Gaming Authorities ・ 22 October 2022

Vegas Inc

Some of Las Vegas' big gaming companies want a bite of the Big Apple

NEW YORK - With the latest edition of the New York Post in one hand and a beer in the other, George Miller fumbled for a betting slip he feared might have been blown away on a blustery day at a racetrack parking lot on the outskirts of New York City. A Long Island resident, Miller likes to come to the Aqueduct Racetrack in Queens to play the…

Gaming Authorities ・ 22 October 2022

Review Journal

Macao travel restrictions continue to pummel Las Vegas Sands

Travel restrictions in Macao continued to drag on Las Vegas Sands Corp. earnings, but resiliency in Singapore had company officials feeling optimistic as they reported their third quarter results on Wednesday. The company reported a net loss of $239 million, 31 cents a share, on revenue of $1 billion for the quarter that ended Sept. 30. A year…

Travel ・ 21 October 2022

The Daily Gazette

Gambling industry conference comes to Saratoga amid proliferation of betting options

SARATOGA SPRINGS - The annual gaming and racing industry conference rolls into town this week as New Yorkers continue to spend more money on an ever-growing array of gambling options. "It's one of the most dynamic marketplaces in the country because there is this technological innovation, there is what I would describe as the societal acceptance of…

Industry ・ 21 October 2022

Gambling

Major Casinos Compete For Manhattan License

New casino licenses won't be issued in New York until at least next year, but major gaming operators already are vying to open resorts in New York City. Las Vegas-based Caesars Entertainment is the latest to seek one of three downstate casino licenses, announcing plans this week for a casino in Times Square. Caesars is teaming with SL Green Realty…

Gaming Authorities ・ 21 October 2022

The New York Times

Where Could a Casino Be Built in New York City? What We Know

For years, casino companies have salivated over the prospect of a casino in New York City, one of the last major untapped gambling markets in the United States and a global tourist destination anchoring a metropolitan area with about 23 million residents. They may soon get what they were looking for. In April, elected officials in Albany authorized…

New Year ・ 21 October 2022

QNS

Resorts World NYC offering dealer training program in anticipation of full casino license

As Resorts World New York City awaits the much-anticipated decision later this year on which three operations will receive downstate casino licenses in this year's historic $220 billion state budget, it continues to invest in its current and prospective employees. In addition to offering the highest wages in the entire casino industry nationwide,…

Travel ・ 21 October 2022

AMNY

Real estate and gaming giants eye new casino in Times Square

Times Square, the Crossroads of the World, might soon become the Crossroads of Craps. Two giants in real estate and gaming, SL Green and Caesars Entertainment, have announced a joint bid for a coveted once-in-a-lifetime license to build a casino in the nexus of New York City. If selected, their proposed gaming hall atop SL Green's skyscraper at…

Land-based ・ 21 October 2022

The Real Deal

SL Green, Caesars Entertainment Propose Times Square Casino

UPDATED, Oct. 20, 2022, 11:10 a.m.: For all the times you felt like Times Square was just a little too quiet, a developer and an entertainment partner are trying to drum up support in the hopes of bringing a casino to the neighborhood. SL Green and casino monger Caesars Entertainment have teamed up to bring a shiny new Caesars Palace to 1515…

Travel ・ 21 October 2022

Elite Sports NY

Thor Equities Planning Coney Island Casino Bid

Just a week after a board was formed to determine the location and siting of up to three downstate New York casinos, one real estate development firm is already making its intentions known. A source confirmed to ESNY that Thor Equities, a real estate development, leasing and management firm, will be submitting a "robust" bid to the New York casino…

Gaming Authorities ・ 12 October 2022

Casino Reports

Jeff Gural Says Citi Field Casino is Most Likely to Happen

In the spring, the New York State legislature officially fast-tracked the issuance of the three downstate full casino licenses. And now state real estate and gambling companies are eyeing possible locations. The owner of Tioga Downs Casino Resort, Jeff Gural, predicts that New York Mets owner Steve Cohen's plan for a Citi Field casino is most…

Travel ・ 07 October 2022

Gothamist

NYC casino process moves ahead as key siting board gets members

A business leader, a former university president and a former New York City deputy mayor will oversee the bidding process for New York's three remaining casino licenses, which are expected to be awarded in New York City and the surrounding area. The state Gaming Commission on Monday unanimously approved the first three members of the Gaming…

Gaming Authorities ・ 03 October 2022

QCHRON

York course sets up casino game careers

As the gaming industry in New York grows, York College is prepared to provide career options for individuals interested in that job sector. For approximately two years three Department of Business and Economics professors from the Jamaica-based CUNY school collaborated with a team of executives from Resorts World New York City, the Big Apple's only…

Games ・ 26 May 2022

Gothamist

New York City casinos: What to know about the state’s big bet

Like it or not, full-scale casinos are on their way to New York City and the greater metro area. Earlier this month, Gov. Kathy Hochul and state lawmakers fast-tracked the approval process for the state's final three remaining casino licenses, which are destined for downstate after the first four were reserved for regions north. Casino operators…

Land-based ・ 01 May 2022

Review Journal

New York casino licenses spur interest from local companies, Strip operators

Several Las Vegas resort companies are expected to vie for a license to open a casino in or near New York City. When New York Gov. Kathy Hochul and state legislative leaders fast-tracked the licensing of new casinos last week, they revived interest in the state's expansion of casino gambling in one of the most densely populated areas in the…

Gaming Authorities ・ 14 April 2022

The Day

For casinos, more competition from New York may be in the cards

While that prospect still might seem far-fetched, the likelihood that New York state will license two full-scale casinos near the Connecticut border by the end of the year is very real. Foxwoods Resort Casino and Mohegan Sun have been expecting it. Ever since Empire City Casino and Resorts World New York City opened at Yonkers Raceway and Aqueduct,…

Covid ・ 26 March 2022

Casino Reports

NY Senate Leader Backs Empire City Casino

State Senate Majority Leader Andrea Stewart-Cousins has most recently given her verdict and preferences on which downstate New York property should get one of the three full-commercial casino licenses. The Senate leader expressed her support for MGM Resorts International's Empire City Casino to be given one of the licenses, as it could do well with…

Politics ・ 09 February 2022

The Street

Casino Developers Want to Gamble on New York City

Will casino developers be able to roll the dice in New York City soon? New York state has a ban on new casinos until 2023, but Governor Kathy Hochul wants to end that moratorium this year, potentially allowing up to three casinos to open downstate. This could possibly lead to a few new casinos opening in downtown New York City, and nine different…

Covid ・ 07 February 2022

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NY Lawmakers Call for Issue of Casino Licenses

Several lawmakers from New York State, have voiced their wish for the state to accelerate the process of issuing downstate casino licenses. The officials, who have been backed by local casino workers and labor unions, want to see, the state awarding the three available commercial gaming licenses sometime this year in the NYC region this…

Law ・ 11 January 2022

Lohud

Gambling giants eye New York City-area casinos. Here's who's interested

Empire City Casino reopensEmpire CityCasino in Yonkers reopened Sept. 21, 2020 after being closed since March due to the coronavirus shutdown. ALBANY - Some of the nation's largest casino operators submitted preliminary details early this month in a bid to win three lucrative gambling licenses in New York City and its suburbs. The request for…

Gaming Authorities ・ 21 December 2021

The Star

All eyes on Genting’s New York casino unit

PETALING JAYA: Genting Malaysia Bhd's wholly-owned subsidiary, Resorts World New York City (RWNYC), is in a good position to win one of the three downstate commercial casino licences offered by the New York State Gaming Commission (NYSGC). The NYSGC has launched a request for information (RFI) on three downstate commercial casino licences after a…

Gaming Authorities ・ 09 November 2021

Asgam

Genting Malaysia well placed to win full New York casino license: Maybank IB

Genting Malaysia's slots-only New York casino, Resorts World New York City, is well placed to win a full casino license should state officials move in that direction next year, according to Maybank IB Research analyst Samuel Yin Shao Yang. The New York State Gaming Commission last month launched a Request for Information (RFI) solicitation in order…

Gaming Authorities ・ 08 November 2021

QCHRON

Casino celebrates 10 years in Queens

When Resorts World Casino opened 10 years ago, "the naysayers thought the apocalypse was coming," recalled state Sen. Joe Addabbo Jr. (D-Howard Beach). "And they find, 10 years later, that was the furthest it could have been from the truth." Resorts World New York City, the only casino in the city, celebrated its 10th anniversary on Oct. 28, a…

Covid ・ 04 November 2021

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Hard Rock Joins Race for New York City Casino License

Hard Rock International has its sights set on one of the three casino licenses still on offer in downstate New York. The US-based company's chairman Jim Allen has revealed that Hard Rock is planning to submit an expression of interest to the New York Gaming Commission (NYGC) before the December 10 deadline. Allen addressed the subject in Atlantic…

Land-based ・ 28 October 2021

World Casino News

Fresh hope for ‘downstate’ New York casino resort

The New York State Gaming Commission has reportedly launched a campaign that could eventually see up to three Las Vegas -style casino resorts opened in the highly-populated'downstate' region around New York City. According to a Wednesday report from the New York Post newspaper, the state regulator is running a'request for expressions of interest'…

Travel ・ 22 October 2021

Yogonet

Resorts World NYC expands gaming, celebrates 10th anniversary with a $400M hotel opening

yatt Regency JFK Airport at Resorts World New York celebrated its opening on Friday, August 6. It is an eight-story luxury hotel featuring 400 residential-inspired guestrooms and premium suites, and costed about $400 million. The ribbon-cutting featured executives from Genting, which owns the hotel and casino, as well as Hyatt representatives,…

Travel ・ 10 August 2021

Yogonet

Resorts World celebrates 10th anniversary with New York's $400M hotel opening

yatt Regency JFK Airport at Resorts World New York celebrated its opening on Friday, August 6. It is an eight-story luxury hotel featuring 400 residential-inspired guestrooms and premium suites, and costed about $400 million. The ribbon-cutting featured executives from Genting, which owns the hotel and casino, as well as Hyatt representatives,…

Travel ・ 10 August 2021

Casino City Times

Casino Cash Trac provides cage operations and revenue audit solutions to Resorts World Las Vegas

Travel ・ 20 July 2021

Markets Insider

Casino Cash Trac Provides Exclusive Cage Operations and Revenue Audit Solutions to Resorts World Las Vegas

TULSA, Okla., July 20, 2021 /PRNewswire/ -- Casino Cash Trac (CCT) is proud to announce that its exclusive cage operations and revenue audit solution, Casino Insight™ , is now being utilized at Resorts World Las Vegas. Resorts World Las Vegas debuted on June 24 and is the first ground-up luxury integrated resort to open on the Las Vegas Strip in…

Travel ・ 20 July 2021

US Bets

Catskills Casino Hemorrhaging Money But Hanging On

All was quiet at the Resorts World Catskills casino on Wednesday afternoon - maybe a little too quiet. After all, mobile sports betting is coming to New York State next year - and while the casino industry has learned that fears of cannibalization were overblown, that doesn't mean it will help land-based casinos, either. That's especially true in…

Travel ・ 10 July 2021

Casino Reports

NYS Commercial Casinos Face 5,000 Staff Members Layoff

Rivers Casino and Resort is facing major layoffs in the upcoming weeks if the current lockdown situation is not lifted. About 1000 individuals were furlough back in March and they will have to be laid off if nothing changes, as the casino operator faces significant gaming revenue loss. Other Upstate New York commercial casinos have also made that…

Travel ・ 19 January 2021