Three Giants Of The Gembling Industry Compete For The Right To Build A Casino In New York

Home » Three Giants Of The Gembling Industry Compete For The Right To Build A Casino In New York
August 30, 2022
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Some of the largest companies in the gambling market are the desperate struggle for the game right to build their own casino in new york. Applicants for an expensive license are wynn resorts, bally’s and las vegas sands.

Race for the opening of a large casino in new york began in 2013, when constitutional amendment allowed to organize seven gambling establishments throughout the state. Four licenses for the construction of a casino in the northern part were issued almost immediately after the announcement of the competition. For the remaining three applications, a moratorium was imposed, the period of which expires in 2023.

But olbani officials (the capital of the state of new york) insist on issuing these licenses already in the current year, since the casino located in the building of empire state building is faced with a reduction in income and revenue against a pandemic background. This information confirms the authoritative edition of the new york post.

Empire state building

According to the legislators and market experts, three new licenses are able to bring at least $ 500 million each.

It is expected that two of these permits will find their owners in the near future. Novyv district queens near empire city in jonkers. This property belongs to the mgm operator. It is reported that the accommodation of the halls of gaming machines has already been approved here.

Sources the new york post reported that the main applicants for licenses had already begun negotiations with potential developers partners and are trying to enlist the support of local politicians.

Leader: general director las vegas sands robert goldstein said: "we strive to bring our experience and resources in new york. This step can provide the necessary income, thousands of jobs and help restore the staff from the destructive effects of a pandemic ".

At the same time, wynn and bally’s publicly did not discuss their plans in new york and refused to comment on the situation in the press.

Recall, sands sells his business in las vegas for $ 6.25 billion.

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