NYC casino in Times Square? 8 projects battle to win license
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MGM Resorts is proposing a $2.3 billion expansion of the Empire City Casino at Yonkers Raceway. Resorts World, owned by Malaysian casino giant Genting, is proposing a $5.5 billion investment to its gaming facility at the Aqueduct Racetrack in Queens. Some three hours drive north of Manhattan are the Native American tribe-owned Mohegan Sun and Foxwoods casinos in Connecticut. Two hours south are the New Jersey shore casinos of Atlantic City, and less than two hours due west in Pennsylvania is the tribe-owned Wind Creek Casino at the former site of Bethlehem Steel. Not surprisingly, the debate over the proposed Times Square casino has taken center stage, with supporters and opponents recently holding dueling rallies in the Crossroads of the World. The arrival of full-fledged casino resorts in New York City has been years in the making.
Cafe Casino is notable for its 100% deposit match up to $250 as a welcome bonus. This means that if you deposit $250, you start with $500 to play with, doubling your chances to win right from the start. The promise of better economic opportunity is one factor in the $5.5 billion Caesars Palace Times Square proposal at 1515 Broadway, which would be rebuilt under the casino plan. Caesars and the Rev. Al Sharpton, a vocal supporter, announced June 25 that ordinary people will be able to buy equity in its development for as little as $500 per share.