Malaysia-based Genting, which is planning to build the $4 billion Resorts World Las Vegas, submitted a bid Wednesday for an upstate New York casino license.
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Caesars Entertainment Corp. will bid on one of four gaming licenses available for New York with the hopes of building a $750 million hotel-casino complex roughly 50 miles north of Midtown Manhattan.
Bills for and against Internet gaming continue to surface in statehouses and Congress, which means more billable hours for the lobbying sector. But so far, the return on investment for casino operators hasn’t been the billion-dollar windfall some predicted.