SectorWire
SearchRegister
MenuClose

New York casino applicants submit supplemental downstate bids

Licences & markets

Resorts World New York City, Bally’s Bronx and Steve Cohen’s Metropolitan Park submitted supplemental applications for downstate New York casino licences on 15 October, according to the report. The Gaming Facility Location Board expects the state to name winning bidders by year-end, and state law allows up to three licences. Resorts World outlined a $7.5 billion proposal, while the other bids were valued at $4 billion and $8 billion.

The applications advance the competition for up to three downstate casino licences and set out proposed investment commitments.

Earlier licence decisions by NYSGC

DateCompanyAmountStoryAppeal status
Hard RockUSD 8,000,000,000Metropolitan Park advances as fourth New York downstate casino finalistNot stated
Thor EquitiesUSD 3,400,000,000New York committee rejects Thor Equities’ Coney Island casino bidNot stated
Bally’sUSD 4,000,000,000New York committee advances Bally’s $4 billion Bronx casino proposalNot stated
Resorts WorldUSD 5,500,000,000New York advisory committee backs Resorts World Queens casino planNot stated
MGM Resorts, GentingUSD 5,500,000,000New York advisory committees advance Yonkers and Queens casino bidsNot stated

Request a correction

Flag an issue

Keep reading