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Casino
May 30, 2023
Related Companies Hints $10bn Downstate New York Casino Plan
Seeking to expand gambling in New York, the state confirmed plans for three downstate casinos earlier this year. The competition is fierce, given that only three licenses are planned but two of them are likely to be secured by existing racinos. This means that it is quite likely major gambling industry players to compete for […]
Casino
May 26, 2023
Tom Reeg: Caesars Palace Times Square Is a “Worthwhile Prize”
Tom Reeg, Caesars Entertainment’s chief executive officer, provided some interesting insights into his company’s plans for a Times Square casino. In an interview with Tara Rosenblum, a News 12 senior reporter, Reeg talked about what will make the property so special. Caesars’ bid for a Times Square casino comes as New York plans to provide […]
Casino
May 24, 2023
Las Vegas Sands Secures 99-Year Lease for New York Casino
Amid the growth of sports betting and its ongoing statewide expansion, New York recently unveiled plans to expand further its gambling options by introducing three downstate casinos. The ambitious project immediately captured the attention of gambling industry giants such as Bally’s, Caesars, Mohegan, as well as Las Vegas Sands. Now, a new report by NBC […]
Casino
May 19, 2023
Cohen Reluctant on Signing Parking Deal with NYCFC Because of Casino Ambitions
Steve Cohen, an American hedge fund manager and owner of the New York Mets MLB franchise, has refrained from signing a deal with New York City FC to share a certain 50-acre parking lot. The billionaire, who is planning to use the land for a future casino, has not agreed to a deal that would […]
Casino
May 11, 2023
Jay-Z’s Roc Nation Turns to New Yorkers for its Times Square Casino Bid
Roc Nation, the service entertainment agency founded by Jay-Z, turned to the people of New York City to promote its bid to build a casino on Times Square. New Destination Will Benefit Everyone Roc Nation addressed the public in an open letter on Thursday, seeking to provide details about its bid for a new gaming […]
Business
May 9, 2023
New York Mobile Sportsbooks Enjoy Betting Handle Growth in April
The gambling regulator in New York, the New York State Gaming Commission, has announced its latest report, outlining the performance of mobile sports betting operators in April this year. Judging by the latest figures, sportsbooks enjoyed a busy month with mobile betting handle hitting $1.54 billion, marking an increase when compared to the corresponding period […]
Casino
May 8, 2023
Hofstra Slams Las Vegas Sands’ NY Casino Plans
The conflict between Las Vegas Sands and Hofstra University continues. More than a month after submitting an open letter concerning the proposed construction of Sands casino resort at the Nassau Coliseum site in New York, the university urged local lawmakers to block the construction. As reported by nypost.com, Hofstra’s president, Susan Poser, believes that the […]
Casino
May 3, 2023
The Seneca Nation Seeks Public Support for a Fair Compact
The owner of casino properties in Salamanca, Buffalo and Niagara Falls, the Seneca Nation, is organizing community support events, urging the public to help the tribe ensure the continued operation of their three casino properties. Organizing Public Support Events The Seneca Nation announced it would hold community support events throughout May during which the public […]
Industry
May 3, 2023
Survey Showed Queens Residents Support a Casino near Citi Field
A majority of Queens residents would favor a casino near Citi Field in Queens according to a survey conducted on behalf of the group pushing for the casino. Residents Open to the Casino Idea The survey was conducted by Schoen Cooperman Research on behalf of New Green Willets, the firm lobbying for the casino plan […]
Casino
May 2, 2023
Casino Player Alleges Golden Nugget, Newark Cheated in Craps
This is the opinion of a New York court which reviewed the case of state local Wayne Chan who sued the casino property in September 2021 after he lost $469,125 at the casino’s craps games. The incident dates back to 2018 and 2019, and the company denies wrongdoing. High Roller Gambler Fights Casino in Court […]
