The owner of Rivers Casino & Resort Schenectady is now working to bring a casino to NYC.
Last updated: May 16, 2025
Content Summary
There’s been a new development in the race for New York City’s downstate casino licences. The New York State Gaming Commission is about to issue up to three licences, with two expected to go to existing racinos at Yonkers and Aqueduct. The competition for the third is heating up!
This week, Rush Street Gaming has joined forces with Larry Silverstein, known for the World Trade Center, in a bid to build ‘Avenir’, a mixed-use casino complex on 11th Avenue and 41st Street. Silverstein expressed excitement about this partnership, highlighting their long-term commitment to community development and job creation. Tim Drehkoff, CEO of Rush Street, echoed these sentiments, expressing confidence in their collaboration.
Key Insights
- Rush Street Gaming is partnering with Silverstein Properties for a Manhattan casino bid.
- The proposed casino, ‘Avenir’, will be part of a larger mixed-use development.
- Other competitors include Jay-Z’s Roc Nation, Caesars, and Wynn Resorts, all vying for prime locations.
- Final bids for the casino licences are due by the end of June with the gaming commission expected to make announcements by year-end.
- The project aims to generate jobs, tax revenue, and economic development in the area.
Why should I read this?
If you’re interested in the future of entertainment and economic development in New York City, this article spills the tea on the latest casino bids. The competition is fierce, and with big players like Rush Street and Silverstein in the mix, it’s bound to impact jobs and local revenue. Don’t miss out on what’s shaping up to be a blockbuster development in the Big Apple!
