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High-Stakes Bidding Opens for New York’s Coveted Casino Licenses

State Requires Minimum $500 Million in Capital Investment With $1 Million Application Fee
Caesars Palace Times Square, depicted in a rendering and proposed by SL Green Realty and Caesars Entertainment, is estimated to bring in more than 7 million new visits to Times Square. (SL Green)
Caesars Palace Times Square, depicted in a rendering and proposed by SL Green Realty and Caesars Entertainment, is estimated to bring in more than 7 million new visits to Times Square. (SL Green)
CoStar News
January 4, 2023 | 6:14 P.M.

The New York Gaming Facility Board has officially issued a request for applications, paving the way for the state to issue up to three coveted commercial casino licenses in and around New York City.

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