By Sadonna Price New York Mets Owner Pushing Citi Field Area Casino Development December 20, 2022 Summary A meeting is planned for January to discuss the idea with the public. New Green Willets LLC announced the meeting for January 7 at the ballpark. Queens residents and employees are invited to attend. The race for casino licensing in New York City is on and many individuals as well as companies are showing […]
By Sadonna Price Petersburg City Council Selects Cordish Group for Casino Development December 14, 2022 Summary The Virginia casino resort will be constructed in three phases. The location is on Interstate 95 and consists of 80 acres. There are contingencies the company must meet for the deal to finalize. A new casino is hopefully coming to Petersburg, after the City Council voted unanimously to select The Cordish Companies for the […]
By Sadonna Price Resorts World Hudson Valley in NY to Open December 28 December 13, 2022 Summary The property is located at the Newburgh Mall in Orange County. The casino will feature 50,000 feet of space. Electronic table games and slot machines are included in the launch. Casino visitors can start prepping now for a new venue in New York, as the Resorts World Hudson Valley property will host a grand […]
By Sadonna Price New York Legislation Would Allow Convicted Felons to Work in Casinos December 9, 2022 Summary Governor Kathy Hochul must decide if she will sign the legislation. Current laws ban casinos from hiring a convicted felon. Conservatives are against the measure. Legislation regarding casino gaming in New York is currently under review by Governor Kathy Hochul. A bipartisan bill S1443B passed within the Senate and Assembly earlier this year and […]
By Sadonna Price Related Cos. and Wynn Resorts Team Up for Huge Resort in NYC December 8, 2022 Summary The plan would create a huge hotel space on the far west side of Manhattan. The casino is in the second phase of the resort plans. Around 20 restaurants and a theater are part of the bid. Related Companies (Related Cos.), a developer from Hudson Yards, is working with Wynn Resorts to bring a […]
By Sadonna Price Major Changes Ahead in ND As Tribes Sign New Gaming Compacts December 6, 2022 Summary Mobile betting can occur within tribal lands. Online gambling may eventually move to the entire state. Legal changes are needed to make such changes to gaming laws. Governor Doug Burgum has agreed to a tall order in the state, having signed new gaming compacts with five tribal nations in North Dakota (Turtle Mountain Band […]
By Sadonna Price Jay-Z and Roc Nation Show Interest in Times Square Casino December 5, 2022 Summary Rapper Jay-Z is now in the running for a casino in Times Square. The three-way partnership should be officially announced today. Caesars wants to launch a casino at 1515 Broadway. According to recent reports, Rapper and entrepreneur Jay-Z is partnering with Caesars Entertainment and SL Green for a bid to launch a casino in […]
By Sadonna Price Casino Gambling Revenues Improve Drastically in Puerto Rico for 2022 November 29, 2022 Summary Fiscal year revenues increased by 38.89%. The industry has shown stabilization after closures from the pandemic. Consistent year of operations yields positive results. The gambling industry in Puerto Rico is doing well. The Government Gaming Commission recently revealed the earnings for the domestic casinos in the region, with earnings of over $355 million recorded. […]
By Sadonna Price Mass. Gaming Commission Reviewing Casino Laws Amidst Expansion Plans November 23, 2022 Summary Wynn Resorts wants to build a new poker room and betting parlor. The referendum might conflict with Encore’s plans. The commission might not have jurisdiction over the new facilities. Gaming regulators in Massachusetts are reviewing the 2013 referendum that was passed in Everett to allow the creation of the Encore Boston Harbor casino. Legal […]
By Sadonna Price Bally’s Corp. Announces Chicago Casino Property Sale and Lease-back Deal November 22, 2022 Summary Bally’s sell’s Chicago casino property site for $500m. The company plans to lease back the property to operate the casino over a 99-year term. The private equity firm that now owns the property will provide $300m in funding for the project. Bally’s Corporation announced this week that it has sold the property it plans […]
