Finance
Entain Explores Sale Options After 2023 Losses
The Financial Times reported that Entain has initiated a review of strategic moves, possibly including the sale of several of its
In recent groundbreaking news, Resorts World New York City has unveiled its bold $5 billion plan to revamp the Aqueduct Racetrack in Queens into a world-class leisure, entertainment, and gaming destination.
This plan, subject to approval from the New York State Gaming Commission, aims to secure one of the three new ‘downstate’ casino licenses.
If successful, Resorts World’s project will mark the beginning of a new chapter for the company and a significant boost for the city’s economy.
The proposed transformation includes adding two million square feet of
The ambitious endeavor is expected to create up to 4,000 jobs and generate substantial tax revenue, in addition to the initial $500 million flat licensing fee.
The partnership with local consulting firms to support minority and women-owned businesses underlines Resorts World’s commitment to promoting local economic and social benefits.
The proposed gaming floor, spanning 350,000 square feet, is set to become one of the largest globally. Situated close to JFK International Airport, the project aims to attract a diverse range of visitors, positioning itself as a premier entertainment hub in the region.
RecentGamblingNews.com is thrilled to witness such monumental developments in the ever-evolving landscape of the casino industry.
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