Tag Archives: New York
Hudson Yards neighbourhood votes against Wynn New York City

Related Companies/Oxford Properties Group and Wynn Resorts have run into a stumbling block with their plans to bring Wynn New York to Manhattan’s Hudson Yards with the neighbourhood where the casino would be located speaking out vociferously against the blueprint. Community Board 4, which represents the Hudson Yards neighbourhood, voted unanimously against approving a change in…
New York Governor vetos bid to expedite casino progress as two bids gain neighborhood traction

New York Governor Kathy Hochul has vetoed legislation that would have speeded up the timeline for casino projects in New York City, saying it would compromise fairness in the competitive bidding process. Governor Hochul said: “Changing the timeline would likely have the impact of helping certain bidders and hurting others. I cannot support a bill…
New York gambling ads must carry warnings

New York Governor Kathy Hochul has signed legislation to fight the addictive effects of gambling. Legislation S1550/A1118 requires all advertisements for gambling and sports betting to include warnings about the potentially harmful and addictive effects of gambling. The previous law states that each advertisement must clearly and conspicuously post a problem gambling hotline number. Legislation…
Hard Rock and NY Mets owner Steve Cohen unveil renderings of Metropolitan Park

New renderings of Metropolitan Park, the partnership between Steve Cohen and Hard Rock International, are giving New Yorkers a look of what turning empty parking lots into 25 acres of new public park will actually feel like. The $8bn privately funded project is now moving forward with ULURP (Uniform Land Use Review Procedure) New York City’s process for public approval of the…
Wynn Resorts releases new details for $12bn New York casino

Related Companies/Oxford Properties Group and Wynn Resorts revealed new project details last week for the next phase of Hudson Yards, including new renderings and animations as well as additional testimonials of support. The $12 billion total project proposal to build Hudson Yards West on top of the undeveloped western rail yards, is a once-in-a-generation commitment…
Seventeen Labor Unions urge Manhattan elected officials to support Caesars Palace Times Square

Seventeen construction trade unions signed a joint letter calling for local elected officials in Manhattan to support Caesars Palace Times Square, the latest example of growing momentum for the joint gaming bid from SL Green, Caesars Entertainment, and Roc Nation. “The team behind Caesars Palace Times Square knows and understands New York City,” said the…
New York’s online sports betting revenues up 21 per cent in 2023

New York’s online sports betting revenue reached $1.76bn in 2023, up 20.6 per cent, with bettors in the Empire State placing $19.64bn of online bets, up 19.8 per cent from last year’s figure. The market was once again led by FanDuel and DraftKings. FanDuel processed $8.10bn in online bets producing revenue of $845.8m whilst DraftKings…
US – Related Companies updates $12bn casino blueprint for Hudson Yard

Related Companies, who is partnering with Wynn Resorts in a bid to develop a casino complex in New York City’s Hudson Yards, has revealed further details behind its $12bn plan. The development’s blueprint includes a 2.6 million-square-foot casino and hotel resort, complemented by retail outlets, conference spaces, and an 80-story skyscraper. It hopes to transform…
US – Online gaming omitted from New York’s budget despite online betting being ‘game-changer in tax revenue’

Despite online sports betting being heralded as a ‘game-changer in tax revenue,’ New York State Governor Kathy Hochul didn’t include its vertical brother online gaming in her 2025 executive budget, delivering a huge blow to hopes that the revised gaming bill submitted last week by New York state senator Joseph Addabbo would make progress over the…