Six casino bids remain in downstate New York The state can grant three downstate gaming licenses Only one remaining bid is in Manhattan The number of remaining casino bids for downstate New York was reduced by two this week, as the Community Advisory Committees (CAC) for Caesars Palace Times Square and The Avenir were voted down. A rendering of Freedom Plaza, the lone remaining casino bid in New York City’s Manhattan. Freedom Plaza is a more than $11 billion bid from the Soloviev Group and its gaming partner, Mohegan. (Image: Freedom Plaza) Before the New York Gaming Facility Location Board can evaluate a casino for one of the three available casino licenses, the project must secure a three-fifths majority from its CAC. This week, the CAC for Caesars Palace Times Square voted 4-2 against the project at 1515 Broadway. The Avenir, a bid presented by New York real estate tycoon Larry Silverstein, was also dealt a losing hand with a…Â Read More
Category: Commercial Gaming, Avenir, Bally’s, Caesars, Freedom Plaza, Larry Silverstein, Manhattan, Mohegan, New York, NYC, Soloviev, Times SquareÂ
Source: Casino.org
