New York

VICI Properties Inc. Signs Definitive Agreements To Purchase Four Properties From Century Casinos Inc.

On May 17, VICI Properties Inc., a New York-based real estate investment trust, disclosed that it has signed a definitive agreement to purchase the real estate properties of Century Casino & Hotel Edmonton,...

WARN Notice Submitted By Vernon Downs; Casino Prepares To Close

New York's Vernon Downs Hotel Casino has filed a WARN notice with the New York State Department of Labor outlining plans to officially close by the end of this year and discharge all 249 of its workers. Plan...

Nassau County Enters Into Lease Agreement With Las Vegas Sands To Bring Casino To Area

Yesterday, Nassau County, New York, signed a lease agreement with Las Vegas Sands, an American casino and resort company based in Las Vegas, Nevada, offering the company control of the Nassau Coliseum site for ...

Hofstra Lawsuit Claims Nassau Planning Commission Breached Open Meetings Law

Yesterday, Hofstra University, a private university in Hempstead, filed a lawsuit against the Nassau County Planning Commission for supposedly breaching state open meetings law when it called a hearing on a $4 ...

New York Sports Betting Hit Record $163.6 Million Revenue in March

New York sports betting operators had a record monthly performance in March. According to the source, the New York State Gaming Commission reported that the sports betting operators in the Empire State generate...

Las Vegas Planning Commission Next Week Considers 60-Story “Harlem Nights” Resort Development

Shlomo Meiri, a self-described “crazy developer” based in Beverly Hills, California, has proposed the development of a 60-story resort for the Las Vegas Historic West Side. The gigantic development of the prope...

NFL Owners Vote to Allow Sports Betting in Stadiums Next Season

The NFL thrives to make the most of the game by proposing the launch of in-stadium wagering facilities that would be available on game days to sports betting enthusiasts. As The Athletic reports, the NFL owners...

Genting Gets US$1.5 Billion Bid for Miami Property, Continues New York Developments

Malaysian top-tier gaming operator, Genting Berhad, has recently announced the sale of 16 acres of land of its premium Miami real estate property. According to the Bloomberg report cited by IAG, the casino gian...

Queens Assemblyman Files Bill To Transform Mets’ Citi Field Parking Lot Into Casino

On Wednesday, March 22, Assemblyman Jeffrion Aubry (D-Queens) officially submitted legislation that would permit New York city to construct on the parking lot at Citi Field, which would further aid Mets owner S...

Hofstra University New Opponent Of Las Vegas Sands’ Proposed New York Casino

Hofstra University is this week the newest opponent of the construction of a proposed New York casino by Las Vegas Sands, an American casino and resort company based in Las Vegas, Nevada. According to the pr...

Major League Baseball Announces FanDuel As Official Sports Wagering Partner In North America

On March 3, Major League Baseball (MLB), the professional baseball organization and the world's oldest respected sports league headquartered in New York, reported a new multi-year alliance with FanDuel, a flags...

Rio Hotel & Casino Owner Raises $850 Million to Remodel Las Vegas Strip Property

Dreamscape Companies LLC., the New York-based real estate investor and owner of the Rio Hotel & Casino in the Las Vegas Strip, has raised $850 million to support the intention to overhaul the Las Vegas reso...