Via PIX11 News
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Might I ask what exactly a drawing of Las Vegas has in relation to the NYC casino proposals? 
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If you want to bump the thread, OK - but VEGASâŚhehe. 
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What???
This is the NY Casino ThreadâŚ
i made a mistake???
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No harm done, just chiding you a bit.
I actually think your posts are great way to keep it lively⌠cheers.
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Per: Freedom Plaza Mixed-Use Gaming Campus Plan Revealed for Midtown East, Manhattan - New York YIMBY
Soloviev Group has joined the race to win one of three pending licenses to construct a casino in downstate New York. In collaboration with Mohegan, an extension of the Mohegan Tribe of Indians of Connecticut, which owns a global portfolio of gaming resorts, the developers have revealed Freedom Plaza, a 6.7-acre waterfront gaming and residential campus near the United Nations complex in Midtown East, Manhattan.
In approved, Freedom Plaza would include a 1,000-key hotel, two high-rise residential towers, a waterfront ferris Wheel, and a below-grade casino with a large entertainment venue. Solovieiv Group already owns the development site, which is currently zoned for commercial construction.
âAs a leader in socially responsible development, we will honor, complement, and advance Moheganâs principles through sustainable and carbon-neutral property development,â said Stefan Soloviev, chairman at Soloviev Group. âThis strategic partnership will not only ensure that Freedom Plaza will be ethically developed, but provide long-term economic prosperity for the local community, a positive impression on regional and international tourism, and a lasting impact on New York City for generations to come.â
Renderings of the campus show three towers standing at least 25 stories tall, all with reflective glass façades and a series of arched voids that will likely serve as amenity spaces or entertainment venues for residents and guests. The surrounding grounds will feature a mix of grasses, trees, walking paths, sports fields, and open space for communal recreation.
If the bid is not accepted by the New York State Gaming Commission, Soloviev Group will move forward with its original plan to build a 1.2-million-square-foot office building. Stefan Soloviev, chairman of the development company, said that the group had considered a bioscience-focused project, but decided to allow the property to sit vacant given post-pandemic economic conditions.
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Does anyone know why TSX hasnât put in a bid yet? Donât they have 10 floors of retail ready to go?
TSX, as in TSX Broadway? TSX isnât a developer, it means Times Square By/At (X) Broadway, TSX Entertainment was made solely for this hotel. Retail zoning is not the same as gambling zoning even though they are both considered commercial zoning, so the buildingâs podium would have to be rezoned, but it is already being prepared for the retail and other venues that will go in it.
So does 1515 Broadway also need to be rezoned for gambling or do they already have gambling zoning?
It would also need to be ârezonedâ for that specific type of commercial usage.
So TSX could probably open way sooner than 1515 and they have an awesome building. Everyone was saying last year that the license bid was going to be fought between the new Hard Rock and the TSX but so far it looks like neither developer is trying for it.
I donât exactly remember seeing TSX vying for the gaming license at any point in time, L&L Holdingâs (the developers of TSC Broadway) is trying to get one but for a Herald Square location. I do know early last year that Hard Rock had mentioned the possibility, but it doesnât seem like they are in the list of potential contenders anymore if they ever were. The only serious Times Square proposal is by SL Green and Caesarâs Entertainment at 1515 Broadway.
Per: 'Several Hundred' Questions in New York Casino Bids Process
New Yorker for life Join Date: Jul 2001
Location: Borough of Jersey
Posts: 49,573
Hundreds of Questions Arrive About 3 Downstate New York Casino Licenses
HEATHER FLETCHER
FEB 27, 2023
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With âseveral hundredâ questions to answer about three Downstate New York casino licenses, Robert Williams, executive director of the New York State Gaming Commission (NYSGC), said on Feb. 27 that itâll take another three weeks to answer them.
On Jan. 3, the New York State Gaming Facility Location Board (NYSGFLB) opened up the Request for Applications process. The commission appointed members of the board to oversee the casino siting procedures.
On Feb. 3, potential applicants met the first deadline in the process. Theyâd asked the board questions.
Actually, they asked the board hundreds of questions. While itâs possible each entity sent several queries, the volume of interest may mean there are more interested parties than what the publicâs seen. From their perspective, it may seem as though only about a dozen organizations want licensees.
Because of that, the public seems to think those interested parties have a lock on the licenses. Thatâs false, said NYSGC Chairman Brian OâDwyer. Speaking on Feb. 27 during the commissionâs monthly meeting, he reiterated what heâd said on Oct. 3, 2022. Thatâs when the commission appointed the board, and OâDwyer first said the process is a âtabula rasa.â
However, opined OâDwyer on Feb. 27: Iâm sure it will be reported differently.
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New York Casino Bids Arenât in Yet
Because the board still needs to answer hundreds of questions from potential applicants, the commissionâs site doesnât yet show who will be submitting New York casino bids.
On Feb. 27, during the commissionâs monthly meeting, Williams said the board received âseveral hundredâ questions on Feb. 3.
Commission staff will need three more weeks to review the questions, find duplicate queries and consolidate them, then draft responses and get board approval.
At that point, the public will at least find out what types of clarification the possible retail casino license applicants submitted.
Then potential applicants will have four weeks (30 days) to ask questions in Round Two of the months-long process, Williams said.
The board will help the commission pick the three applicants best suited to purchase the three Downstate New York retail casino licenses. Those bidders will pay more than $1 billion for the privilege, most notably through the $500 million license fee and a âminimum capital investmentâ of $500 million.
Considering the application fee is $1 million, the commission may soon have some funds in hand.
However, state Sen. Joseph P. Addabbo Jr. noted in a Feb. 16 interview with Bonus, New York coffers wonât see most of the new retail casinosâ tax revenue until 2026. Thatâs one of his reasons for advocating S4856 become law in 2023. Addabbo, D-Ozone Park, told Bonus that legalizing New York online casino and poker gambling in 2023 could provide as much as $1 billion in tax revenue as soon as 2024.
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3 Downstate New York Licenses Are Available
In 2014, a siting board chose four Upstate New York retail casino license recipients. These three Downstate New York casino licenses will complete the seven full casino licenses allowed by New York law.
Even before the siting board issued the Jan. 3 Request for Applications, entities were alerting the public that theyâd vie for the licenses.
The announcements about the following entities donât mean that they submitted applications to the board:
-Resorts World New York, an existing gaming facility in Queens
-Empire City Casino in Yonkers, which is an MGM Resorts International
-âCaesars Palace Times Squareâ is a proposal from Caesars Entertainment and SL Green Realty Corporation to renovate 1515 Broadway in Times Square.
-Saks Fifth Avenue wants to convert the top three floors of its 10-story flagship store
-Citi Field is another proposed retail casino site from Mets owner Steve Cohen and Hard Rock International
-Coney Island is another proposed site, this one from developer Thor Equities and many partners
-Hudson Yards is a proposed casino site announced by the developer Related Companies and Wynn Resorts
-The former Hotel Pennsylvania near Penn Station and Madison Square Garden is the brainchild of Vornado Realty Trust
-The Nassau Veterans Memorial Coliseum may be âa multi-billion-dollar flagship hospitality, entertainment, and casino project on Long Island, New York,â by Las Vegas Sands
-United Nations headquarters guests may see a Ferris wheel, a âDemocracy Museum,â a large hotel, and a retail casino if developer Soloviev Group and Mohegan Gaming and Entertainment build the Freedom Plaza
-Developing a casino at the Trump Golf Links at Ferry Point in the Bronx is the proposal from Ballyâs Corporation
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Is it possible for the state to increase the amount of licenses that are for downstate in a few years? We are seeing a lot of decent proposals and it would be a waste to only grant three when the NYC metro area can maintain multiple.
If it comes to Times Square or 5th avenue or Coney, I think the state will add a ton of new licenses for the area and build out a casino district. If it goes to one of the bad locations like Willets Point or Long Island or the Bronx, I think it will just be a monopoly of blighted casinos, so theyâll probably against new licenses for competitors for many decades.
Once again, that logic has no standing. And your view that the other locations would do poorly is poor in itself. The Queens Resorts World Casino is an extremely successful casino despite your view of a Long Island location being poor.
The amount of total licenses establish was 7 about a decade ago. 4 of those licenses went to upstate locations and have been very successful, the other 3 are the 3 that are being dealt out for the lower state region and only 1 of them is purported to be going to NYC. Just because one of them is successful in NY if it does receive one doesnt mean they are just going to willy nilly start handing out licenses, that logic doesnât make sense because the criteria to get the liecenses isnt based solely on how much money it provides for the state.
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