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The Danville City Council met May 8th to review the casino amendments submitted by Caesars. The construction costs for Caesars Virginia in Danville have risen from an initial estimate of $400 million in 2020 to over $750 million today. As a result, Caesars requested some changes to its development agreement with the city.
They’re looking to build a $4 billion casino hotel smack in the middle of Times Square カジノ, including 250,000 feet of casino spread across eight floors, along with a 950-room hotel. New York Mets owner Steve Cohen, in partnership with Hard Rock, wants to build an $8 billion casino, hotel, and live music venue in the shadow of Citi Field. The second racino, this one located at Yonkers, is owned by MGM. Empire City is floating a $2.2 billion project, with a 5,000-seat arena, new dining options, and a 9,000 square-foot sportsbook. While there is some minor opposition to building out the property, it probably won’t matter.
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The full council’s approval went against local Bronx Councilwoman Kristy Marmorato, who called the project a “bad proposal” in a “disgraceful process” before voting against it. Such political disagreements have not been uncommon for the saga surrounding three pending downstate casino licences. Adams’ decision to submit a message in support of the project on Wednesday was not influenced “whatsoever” by Trump, the mayor’s office told City and State NY.
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