If you want to run a casino in New York State, you will need certainly to compete against some real heavyweights to do so. Major casino firms Caesars that is including Entertainment the Genting Group and Penn National Gaming are among 17 applications that have been received by the New York State Gaming Commission into the race for up to four available licenses in the Empire State.
A total of 16 organizations are now a part of the licensing, as Genting was responsible for just two of this 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 Concentrated into the Catskills
As expected, the Catskills-Hudson Valley region might find the fiercest competition. Nine for the proposals are located in this area, where Orange County is seen as the location that is best near new york available to designers. Interested companies include Caesars, Genting, Penn, and Empire Resorts.
Caesars, for example, has proposed Caesars that is building New in Woodbury, a city in Orange County. In their 6,000-page application, Caesars proposed building an $880-million casino resort in the sleepy town, located about 50 kilometers north of new york.
‘ We have an opportunity that is tremendous bring the Caesars brand to New York State and create a world-class entertainment facility,’ said C (more…)