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Resorts World, Bally's and Steve Cohen Submit Supplemental New York Casino Applications

Provided by Dow Jones

By Josh Beckerman 




  The three remaining contenders for New York's downstate casino licenses submitted supplemental applications to the New York State Gaming Facility Location Board on Tuesday. 



  Genting Group, which owns Resorts World New York City in Queens, N.Y, is seeking to change that location focused on slots and electronic games into a full-fledged casino. 



  Resorts World New York City said in a press release Wednesday that it would spend $5.5 billion developing the site and $2 billion on community benefits. 



  The company said it is projected to provide the highest gross gaming revenue and casino taxes of any applicant. 



  Bally's submitted an application for its Bronx, N.Y., plan while New York Mets owner Steve Cohen submitted an application for a Queens proposal. 



  On Tuesday, MGM Resorts International dropped its plan for a full casino at its Empire City Casino location in Yonkers, N.Y. 



  "Since submitting our application in June, the competitive and economic assumptions underpinning our application have shifted, altering our return expectations on the proposed $2.3 billion investment," MGM said. 





  Write to Josh Beckerman at josh.beckerman@wsj.com 





  (END) Dow Jones Newswires



  October 15, 2025 16:22 ET (20:22 GMT)


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