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Yet the race for all three downstate licenses is wide open — and nothing is a sure bet in the fierce competition full of big ideas and visions with billions of dollars at stake. Ten high rollers continue to vie for three lucrative full casino licenses in downstate New York in a years-long race that evolved from a sprint to a marathon. Santee Development Corporation estimates the development of the casino and resort to bring over 4 million annual visitors from in and out of state. No Sands Corp. representatives spoke during Thursday City Council meeting. Instead, an assistant city manager relayed the company’s earlier request to remove the gambling elements from the proposal.
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The Midtown East proposal, which would also involve the construction of a new development, is led by real estate billionaire Stefan Soloviev and the Mohegan Tribe. It calls for a 1,200-room hotel, about 1,300 apartments, and an underground casino—all to go up just south of the United Nations headquarters. Both Resorts World NYC and MGM Empire city are likely to have little community resistance, pundits say, and would be able to convert to a full casino relatively quickly. Furthermore, they have the infrastructure needed for expansion, with parking and access to highways.
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Irving City Council clears way for Las Vegas Sands resort without casino, nightclub
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It’s a ‘no-lose’ situation for the Maryland Lottery – it either seals the deal on a legislative ban (if VGW refuses to comply) or forces VGW’s exit from the state (if it complies). Earlier this month, the City Council gave its blessing to Cohen’s vision — which includes a 25-acre public park, shops and restaurants, a Taste of Queens food hall, the redevelopment of the Mets-Willets Point subway station, and improved roads and bike paths. A casino is at the heart of the Metropolitan Park plan, which is entirely contingent upon the venture receiving one of the three coveted downstate gaming licenses. Resorts World, which opened in 2011 and has 6,500 slots and electronic table games, would be able to build out the facility to include live dealers at table games with relative ease. During the work session hours before the vote, Mark Boekenheide, the Sands Corp. executive who oversees the company’s global real estate footprint, did not say the company was abandoning the project but emphasized that casino gaming was essential to move that plan forward. Make sure you rush into a keno room like Lost Jewels of Atlantis™ and Lucky Cherry™ and spin casino slots with incredible bonus games, progressive jackpots and free spins!
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The amended zoning proposals with no gambling portion passed in two separate 6-3 votes. Another factor, he explained, was the uncertainty of when or if gambling would be legalized in Texas. The Texas Legislature would need to vote to send a constitutional amendment to voters state-wide for consideration.
The Santee Development Corporation said not a dime of public money would be used. There are not any state or county incentives and it would all be privately funded. Boekenheide’s presentation before City Council members largely echoed what he showed planning and zoning commissioners Monday, but he took time at the end to respond to concerns raised and allegations made against the company. Irving council member Luis Canosa, who represents District 4, twice made a motion to include a ban on gaming in the zoning amendment but did not receive a second to trigger a vote of the entire council.
To a large extent, that corridor has been left behind on economic growth for quite some time and so they need it,” Hefner said. A recent economic development study shows that the investment in the Santee area would support the underdeveloped Orangeburg community. The study found it would generate over $75 million in annual tax revenue according to Santee Development Corporation.
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