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Tag Archives: New York

US – Nassau County Legislature grants Sands a 99-year lease for Nassau Coliseum

The Nassau County Legislature voted 17-1 to give Las Vegas Sands a 99-year lease, allowing it to develop the 72-acre area around the Nassau Coliseum in Uniondale into a $5bn resort casino, including a hotel, entertainment venue and housing. The casino would create 8,500 jobs and provide $100m in annual revenue around the Coliseum. Nassau…

US – Sands signs lease agreement for Nassau Veterans Memorial Coliseum as part of Long Island casino bid

Las Vegas Sands has signed a deal with Nassau County for a 99-year lease for the Nassau Veterans Memorial Coliseum on Long Island, which it hopes to redevelop into a resort casino. Sands will pay an upfront fee of $60m up front regardless of if it lands one of the three casino licences. Rent will start…

US – New York sportsbetting surges to new record in March

New York sports betting surged to its best ever month in March, with the New York State Gaming Commission confirming a record high of $163.6m betting revenue, beating the previous record of $149.4m set in January. New York trails Ohio as the state with the best ever monthly betting revenue, with Ohio pulling in $209m in revenue during…

US – New York law maker presents bill to change land use outside Citi Field stadium, paving the way for casino bid

A New York legislator has introduced a bill to change the land use outside Citi Field, the home of the New York Mets, that would allow Mets owner Steve Cohen to bid for one of three casino licences up for grabs. The bill, put forward by Assemblyman Jeffrion Aubry (D-Queens), reads: “The city of New…

US – February marks six months of nine figure revenues for New York sports betting

New York’s sportsbetting sector generated revenue of $108.2m in February, marking the sixth consecutive month revenue reached nine figures in the state. The market did slow slightly though with the total the lowest amount since the $99.2m generated last August.  The New York Gaming Commission confirmed that the state collected $55.3m in February. FanDuel was the leading…

US – New York State Latino Restaurant Bar & Lounge Association gives its support to Caesars Palace Times Square

The New York State Latino Restaurant Bar & Lounge Association has confirmed its support for Caesars Palace Times Square, the proposed gaming and entertainment destination put forward by SL Green, Caesars Entertainment, and Roc Nation.  The proposed project, planned for 1515 Broadway in the heart of Times Square, would bring millions in new revenue to area restaurants….

US – Bally’s in the New York bidding with casino blueprint for The Bronx

Bally’s Corp. has joined the race for one of three New York casino licences with a blueprint to bring betting to The Bronx, with the proposal of building a casino resort next to the Trump Organization’s public golf course at Ferry Point. It believes it would need 17 of the 300 acres at the location to…

US – Mohegan Gaming aiming to bring casino and Ferris wheel to New York

Mohegan Gaming has joined the race to develop a New York casino as the casino partner for the Freedom Plaza development which would also bring a Ferris wheel to the New York sky line. Part of the Mohegan Tribe of Indians of Connecticut, the operator is teaming up with Soloviev Group, a pioneer and leader in…

US – Saks Fifth Avenue confirms bid for high-end casino on top three floors of Manhattan store

Saks Fifth Avenue, the iconic New York City department store, which opened its doors on September 15, 1924, has put forward a blueprint to convert the top three floors of its flagship store in Midtown Manhattan into a Monte Carlo-style casino. The Hudson’s Bay Company has confirmed it wants to transform the ninth, tenth and…