The state had launched in October 2021 a request for information procedure for would-be suitors. The relevant casino permits will be for a period of between 10 years and up to 30 years, depending on the size of investment pledged. The information on the size of licensing fee – bidders can propose a higher amount – emerged on the day of a meeting of New York’s Gaming Facility Location Board. Large gaming operators with Asia venues: Malaysia’s Genting group Las Vegas Sands Corp, MGM Resorts International and Wynn Resorts Ltd are among those that have either been linked by analysts with a bid for a New York downstate licence, or have directly expressed interest previously. Suitors for any of the up to three commercial casino licences on offer for downstate New York (pictured), in the United States, will need to give the authorities there at least US$500 million, payable within 30 days of the award of a licence, it emerged on Tuesday. Newsdesk Latest News, Top of the deck, World NY suitors poss including Asia ops, asked for US$500mln fee
