The competition is heating up for the biggest economic development prize in NYC this year: the three coveted casino licenses that will be awarded by the state in the metro area later this year.
A bevy of high-profile partnerships involving real estate titans pairing up with gaming giants is jockeying for the pole position—and one of them just pushed a $10B stack of chips into the middle of table in this poker game.
In September, Related Co. announced it was joining forces with Las Vegas-based Wynn Resorts on a proposal to build a casino on the undeveloped western half of Hudson Yards.
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