If you want to run a casino in New York State, you will have to compete against some real heavyweights to do therefore. Major casino firms Caesars that is including Entertainment the Genting Group and Penn National Gaming are among 17 applications which have been received by the latest York State Gaming Commission into the race for up to four available licenses in the Empire State.
A total of 16 organizations are now associated with the licensing, as Genting was responsible for 2 of the applications. All three of the available licensing areas are being contested, though it’s clear that some regions are considered more lucrative than other people.
Competition Focused in the Catskills
As expected, the Catskills-Hudson Valley region might find the fiercest competition. Nine regarding the proposals are situated in this area, where Orange County is seen as the most readily useful location near new york available to designers. Interested companies include Caesars, Genting, Penn, and Empire Resorts.
Caesars, for example, has proposed building Caesars New York in Woodbury, a town in Orange County. In their 6,000-page application, Caesars proposed building an $880-million casino resort in the town that is sleepy located about 50 miles north of nyc.
‘ We have a tremendous possibility to bring the Caesars brand to New York State and create a world-class entertainment facility,’ said Ca Continue reading