After three years of pitching, various development teams are submitting applications for three downstate casino licenses in New York. Proposals have evolved, with some developers incorporating housing and community initiatives to sweeten offers amidst competition. Current entrants face scrutiny, with existing racinos seemingly at an advantage given their local support. Several major players, including Related Companies and Las Vegas Sands, have withdrawn from bidding in favor of other developments. Current plans highlight ongoing challenges related to land approvals and the need for strong community support to advance the proposals.
For the last three years, development teams have worked to promote casino proposals in New York, emphasizing potential job creation and community benefits to gain support.
Several bidders have recently withdrawn from the competition to secure downstate casino licenses, including major companies like Related and Las Vegas Sands, opting for alternative projects.
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