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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.

The planned casino marks what the company calls an “exhilarating” new chapter of expansion outside of South Dakota. Details on a specific timeline and location in Southern Nevada are still unannounced, but the Chip said the project is slated to open by 2028. Buffalo Chip Global announced plans Thursday for a new themed casino-hotel in Southern Nevada through a partnership with Mark Advent, the developer behind the New York-New York Casino & Hotel. At $7 billion, the casino would be joined by a 1,000-room hotel, restaurant, entertainment venue and 2,000 apartments. Freedom Plaza, however, has failed to win over locals, with Manhattan’s Community Board 6 voting 39-to-1 against the plan in January 2024. Unlike the Bally’s proposal, the Council approved the land use request to redesignate that parkland property in Queens for use as a casino.

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