Big Brands Battle Over NYC Casino Licenses

Big Brands Battle Over NYC Casino Licenses

When you think of Broadway you think of musicals and certainly not casinos, right? Well, officials in New York City have allowed for more casino licenses and nowadays big brands are looking to get a license. So, pretty soon Broadway may be associated with casinos

.

Wynn Resort and Caesar’s Entertainment are big on the Strip and they’re looking to get a license that will get them an NYC presence. They already have projects in mind. But there are other big names in the business looking to get a license.

Wynn Resorts vs Caesars Entertainment

When a city like New York decides to give brand new licenses, you apply regardless if you’re part of a big brand or not. A chance to have a presence in NYC shouldn’t be missed which is why so many brands are looking to get a license.

Caesar’s Entertainment has casinos all over the states. And they’re not just casinos but casino complexes which makes them attractive to casino fans and other kinds of visitors too. The same can be said about Wynn Resorts. In short, these are 2 serious brands that are looking to make a play for New York City.

Caesar’s Entertainment and SL Green have proposed a project. SL Green already owns a building on Broadway. This is a skyscraper and both companies are looking to put a casino in there. What’s ambitious about this project is that they’re looking to incorporate Broadway theater as an added attraction. Besides this, the Manhattan project will also feature several restaurants, a hotel, and a wellness center. So, it’s possible that Caesar’s Entertainment will bring poker tables and slot machines to NYC. But this isn’t the only potential project that could change NYC forever.

Wynn Resorts is the second brand name that stands out. It has partnered with Related Cos. and is looking to build a complex on the western edge of Manhattan. But this project will need a lot of space to happen and will need to cut active train lines. Besides these two proposals, there are other players in the game.

Hard Rock is also looking to get a foothold in New York and the same can be said for MGM Resorts. But the thing is that only 3 casino licenses are up for grabs in New York City. It’s unclear if Hard Rock or MGM will get a chance at this, but Wynn Resorts and Caesar’s Palace have already run into trouble.

Wynn Resort’s project will need a lot of planning and will take a lot of time to come to fruition. Broadway officials have refused to cooperate with Caesar’s Entertainment which is another hoop the brand will need to jump over. Another thing that these casinos need to worry about is that experience has shown that big resorts don’t do well in big cities.

Conclusion

Names like Caesar’s Entertainment, Wynn Resorts, MGM, and Hard Rock are big in the casino industry and won’t pass on a chance to establish their presence in a city like New York. But they have many obstacles to tackle before they can get a license.

About the author
Richard Grant
Say hello to Richard Grant! Armed with a Law and Business degree and 17 years of industry experience, he launched this platform in 2007 to be your ultimate guide to the casino world. Specializing in game guides, reviews, and strategic insights, Richard is devoted to helping you hit the jackpot. Come join us on this exciting journey toward big wins!

Related News

Improved Hard Rock Casino Gaming Floor Debuts

Improved Hard Rock Casino Gaming Floor Debuts

Big brands in the casino industry will expand when they see an opportunity. This gives them footholds in various countries and states. You can see this all over the US. Hard Rock…
Oct 27, 2022 Tech and Innovation
Mathematician Saves Casino Execs From Disaster

Mathematician Saves Casino Execs From Disaster

Casinos cater to all kinds of players that enter through their doors. Naturally, the regulars won’t be a problem because they play by the rules. Trouble arises when there are players that…
Oct 20, 2022 Tech and Innovation
Konami Unveils New Systems and Games in Vegas

Konami Unveils New Systems and Games in Vegas

Companies in the casino industry don’t rely on past success to get new clients. In other words, they combine their resources and creativity to come up with new games and terminals. They…
Oct 20, 2022 Tech and Innovation
Elon Musk to Build Mars Casino Hotel

Elon Musk to Build Mars Casino Hotel

Elon Musk is the current tech giant that has launched his own rocket into space and the owner of Tesla, the company that produces electric cars. He’s famous because of his witty…
Oct 12, 2022 Tech and Innovation
New Casino on Las Vegas Strip

New Casino on Las Vegas Strip

Vegas is one of the most famous towns in the casino industry. It just so happens that there have been several expansions going on in that town lately. One of them is…
Oct 10, 2022 Tech and Innovation
New York City Enables Casino Expansion

New York City Enables Casino Expansion

When someone mentions casinos in the US, everyone thinks of Vegas and the Strip. But there are other areas in the US where casinos are located. The New York area is one…
Oct 05, 2022 Tech and Innovation
Michigan Casino Undergoes Expansion

Michigan Casino Undergoes Expansion

When it comes to casino expansions in the US one usually looks to Vegas. It’s true that some casinos have undergone expansions which is why they get a lot of attention. But…
Oct 05, 2022 Tech and Innovation
Rockford Hard Rock Casino Starts Construction

Rockford Hard Rock Casino Starts Construction

The casino industry doesn’t just expand online but it also does so in the real world or rather in the form of new land-based casinos. This has happened in pretty much every…
Sep 30, 2022 Tech and Innovation
MGA Games to supply Fair Play Casino

MGA Games to Supply Fair Play Casino

MGA Games is a popular supplier of online slots and other casino games. Recently, they have stepped into an agreement with the Dutch Fair Play Casino, and will now supply a suite…
Sep 16, 2022 Tech and Innovation
New Cascade Casino Delta to open on September 29

New Cascade Casino Delta to Open on September 29

September 29 is going to be a big day for the city of Ladner, as a new Cascade Casino Delta is scheduled to open. The new facility is 160,000 square feet and…
Sep 15, 2022 Tech and Innovation
A New Site Has Been Suggested for Headwaters Casino

A New Site Has Been Suggested for Headwaters Casino

The Pamunkey Tribe has recently suggested a new site for their temporary Headwaters Casino. The destination proposed is the Harbor Park parking lot. The original idea suggested by the Pamunkey Tribe was…
Sep 13, 2022 Business
New England Casino Named Best Casino Outside of Vegas

New England Casino Named Best Casino Outside of Vegas

Las Vegas is certainly a name synonymous with gambling and casinos. It will surprise no one to find out that Vegas is home to some of the highest-rated and most beloved casino…
Sep 12, 2022 Business