#SL Green

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

Trip Pub

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

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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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

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

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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

New York Post

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

The Real Deal

Las Vegas Sands Inks Nassau Coliseum Lease

Las Vegas Sands has agreed to lease the land needed for its Long Island megadevelopment, which could include a casino. The company's deal would give Sands control of the Nassau Coliseum property in Uniondale for the next 99 years, Newsday reported. The agreement is the first in a litany of steps that could bring full-scale gambling to Nassau…

Politics ・ 29 April 2023

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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

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

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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

Royals Blue

Learn about Expansions & more

According to updates from online casino news Canada, the gaming industry in this area is on the cusp of a monumental shift, with online casinos raging a storm and burgeoning partnerships being forged between various companies. From the British Columbia Lottery Corporation's 11th annual New Horizons in Responsible Gambling conference to the…

Industry ・ 20 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

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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

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

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

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

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

The Real Deal

Las Vegas Sands Pitches Nassau Coliseum for New York Casino

Sensing opportunity, the Las Vegas Sands entered New York's casino sweepstakes, setting its sights outside of the city. The Sands entered into an agreement to purchase the long-term lease of the Nassau Veterans Memorial Coliseum site in Uniondale on Long Island, News 12 Long Island reported. Financial terms of the agreement, which requires further…

Bonuses ・ 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

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

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

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

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

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

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

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NY Casino Jobs Bill for Ex-Cons is on Gov. Hochul’s Desk

Convicted felons could be on the staff payroll of New York casinos such as Rivers Casino and Resort in Schenectady if Gov. Hochul approves legislation. [Image: Shutterstock.com] Future visitors to New York casinos could have their dice rolled by ex-drug traffickers or convicted killers should Governor Kathy Hochul sign off on new legislation. the…

Law ・ 08 December 2022

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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

5 Things to Know About NYC-Area Casinos That May Be Coming

Whether New Yorkers are ready or not, casinos will soon be coming to the New York City area. Precisely how soon and how many remains to be determined. What we know now is that in April, New York State approved the issuance of three new casino licenses intended for the area. Technically, one or more of the licenses could be issued to a casino…

Law ・ 01 December 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

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

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

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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

Trip Pub

Caesars bid for a Times Square casino rattles Broadway

Gambling giant Caesars bid for a casino in Times Square is sparking strong opposition from Broadway. As news of the idea for a Caesars Palace Times Square was announced, the Broadway League jumped into the debate, saying they don't see a gambling mecca as a good fit alongside the dramas and musicals that draw tourists to New York. "The addition of…

New Year ・ 26 October 2022

Action Network

Caesars Makes Bid for Times Square Casino in New York

Caesars Entertainment and SL Green Realty Corp. on Thursday announced a partnership bid to launch a casino inTimes Square, New York. It would be one of three downstate casinos sanctioned by the 2022 budget signed by Gov. Kathy Hochul in April. In its statement, SL Green pledged the efforts would benefit to "make visitors feel safer, improve mass…

Sports ・ 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

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

Card Player

Caesars Entertainment Announces Plan For Times Square Casino

SL Green Realty Corp. and Caesars Entertainment on Thursday announced a partnership to redevelop 1515 Broadway as a casino in the heart of Times Square. The casino project would require winning approval from the state of New York. "Caesars Palace Times Square will not only provide billions in tax revenue to New York City and State, it will also…

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

Sigma

Caesars partners with SL Green for Times Square casino

Caesars Entertainment said it has teamed up with property developer SL Green Realty Corp. to pursue a license for a casino in New York's Times Square. The companies said they would redevelop 1515 Broadway into a premier entertainment and gaming destination that would provide "billions in revenue" to both the city and the state. Caesars Palace Times…

Industry ・ 21 October 2022

Vegas Slots Online

Caesars Reportedly Throws Hat Back Into NYC Casino Ring

Caesars Entertainment is reportedly partnering with SL Green to submit a bid to build a casino in Times Square. [Image: Shutterstock.com] Caesars Entertainment is reportedly partnering with SL Green to submit a bid to build a casino in Times Square. It looks like Caesars Entertainment is reversing a previous decision to back out of the New York…

Travel ・ 20 October 2022

InvestorsObserver

Developers and Billionaires Are Lining Up for the Chance to Operate a New York City Casino

As the development of a New York City casino inches closer towards reality, the race is on to secure a license. New York state voters authorized the creation of seven casinos in 2013, and four upstate facilities opened in the first phase. Now the second phase is underway, and licenses for three casinos in the New York City area will soon be open…

Land-based ・ 05 October 2022

iGaming Brazil

Wynn teams up with developer to design the first 'Las Vegas-style' casino in New York

A major player in the Las Vegas gambling industry, Wynn Resorts has teamed up with New York real estate giant Related Companies - promoter of Hudson Yards - to bid for a casino in midtown Manhattan. The parties want to place a casino in the western half of Hudson Yards. The casino will be located near the Javits Center, in the western area of the…

Gaming Authorities ・ 21 September 2022

The Real Deal

Related Partners, Wynn Resorts to Bid for Hudson Yards Casino

Related Companies announced Thursday it will be partnering with Wynn Resorts in the first publicly announced bid for one of three new casino licenses open to city developers, the New York Times first reported. The casino would be located next to the Javits Center on the undeveloped western side of Hudson Yards, the mega-development by Stephen Ross'…

Travel ・ 16 September 2022

New York Post

NYC developers eyeing casinos for Hudson Yards, Times Square, Willets Point, Coney Island

New York City developers and gaming operators are putting their chips on the table in a frenzied bid for the right to open local casinos, including in Times Square and Hudson Yards, The Post has learned. Some of the other sites being eyed are Willets Point near the Mets Citi Field ballpark in Queens and Brooklyn's Coney Island, according to sources…

Politics ・ 25 July 2022

Vegas Inc

5 things to know about 3 casinos that may be headed to NYC area

NEW YORK - Whether New Yorkers are ready or not, casinos will soon be coming to the New York City area. Precisely how soon and how many remains to be determined. What we know is that in April, New York state approved the issuance of three new casino licenses intended for the area. Technically, one or more of the licenses could be issued to a casino…

Gaming Authorities ・ 03 May 2022

The New York Times

5 Things to Know About 3 Casinos That May Be Headed for N.Y.C. Area

Whether New Yorkers are ready or not, casinos will soon be coming to the New York City area. Precisely how soon and how many remains to be determined. What we know now is that in April, New York State approved the issuance of three new casino licenses intended for the area. Technically, one or more of the licenses could be issued to a casino…

Gaming Authorities ・ 02 May 2022

Construction Dive

Caesars taps Whiting-Turner for $500M Virginia casino

Site work on the project has begun, with a goal of opening in the second half of 2023. The new casino will include, according to the release: A World Series of Poker room. 40000 square feet of meeting and convention space. An entertainment venue that can hold 2500 guests. Restaurants and bars. A spa. A pool. A fitness center. The project follows…

Covid ・ 28 April 2022

The Wall Street Journal

Times Square Plots Its Comeback, and It Looks Like Las Vegas

New York City's Times Square is looking to rebound from its worst economic crisis by becoming more like Las Vegas. Investors and developers are doubling down on tourism and entertainment venues while Times Square's during the day. A new hotel with an outdoor pool overlooking the theater district has been opening in stages since last year, while…

New Year ・ 26 April 2022