If you want to run a casino in New York State, you will need certainly 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 that have been gotten by the newest York State Gaming Commission within the race for up to four available licenses in the Empire State.
A total of 16 businesses are now associated with the licensing, as Genting was responsible for two regarding the applications. All three of the available licensing areas are being contested, though it’s clear that some regions are considered more lucrative than others.
Competition Concentrated into the Catskills
As expected, the Catskills-Hudson Valley region will discover the competition that is fiercest. Nine of the proposals are positioned in this area, where Orange County is seen as the location that is best near New York City now available to designers. Interested companies include Caesars, Genting, Penn, and Empire Resorts.
Caesars, as an example, has proposed building Caesars ny in Woodbury, a town in Orange County. Within their 6,000-page application, Caesars proposed building an $880-million casino resort in the sleepy city, located about 50 kilometers north of new york.
‘ We have a tremendous chance to bring the Caesars brand to New York State and create a world-class entertainmContinue Reading..