If you want to run a casino in brand 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 brand new 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 of this applications. All three of the available licensing areas are being contested, though it’s clear that some regions are considered more profitable than other people.
Competition Focused in the Catskills
As expected, the Catskills-Hudson Valley region might find the competition that is fiercest. Nine of the proposals are based in this area, where Orange County is seen as the location that is best near nyc now available to designers. Interested companies include Caesars, Genting, Penn, and Empire Resorts.
Caesars, for instance, has proposed building Caesars New York in Woodbury, a city in Orange County. Inside their 6,000-page application, Caesars proposed building an $880-million casino resort in the town that is sleepy located about 50 kilometers north of New York City.
‘ We have a tremendous opportunity to bring the Caesars brand to New York State and create a world-class ente