Wynn Resorts and Related Cos. invest $12 billion in ambitious New York project
Thursday 29 de August 2024 / 12:00
⏱ 1 min read
(New York).- Wynn Resorts in partnership with Related Cos. has unveiled an ambitious plans for a $12 billion casino-resort in New York City's Hudson Yards, promising to transform the area into a world-class entertainment destination.
Their plan includes a resort casino featuring a 1,500-room hotel, diverse and fine dining options, a spa, event spaces and a public-art showcase.
The developement, proposed for the area above the yards, also includes 1,500 housing units, a public school and a park with over 300 trees, the companies said Wednesday.
Wynn is partnering on the project with Related and Oxford Properties Group. It will involve 35,000 union construction jobs and 5,000 permanent positions.
Wynn is competing for one of three new casino licenses expected to be handed out by the end of 2025 for the greater New York area. The opportunity has drawn multiple interested parties, including Caesars Entertainment Inc., Las Vegas Sands Corp. and New York Mets owner Steve Cohen.
Wynn shares were down 2.6% to $75.06 as of 3:33 p.m. in New York.
Categoría:Casino
Tags: casino,
País: United States
Región: North America
Event
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