[NYguy]

https://acropreneur.com/a-plan-for-a...r-landing-pad/

A plan for a $3 billion casino in New York’s Manhattan includes a massive crypto-trading floor and a flying-car landing pad

A Las Vegas-seasoned asset manager and a gaming giant are eyeing an addition to New York’s famed Manhattan skyline — a multibillion-dollar casino with space for trading cryptocurrencies and a landing pad for flying cars.

UE Resorts International, a subsidiary of Japan-based gaming tech provider Universal Entertainment Corporation, in partnership with Jason Ader, a former Las Vegas Sands board member, expects to submit a pitch for the casino to the local gambling regulator by Friday, according to plans seen by Insider.

Their proposed crypto trading floor should be the biggest in the world, and the project includes an esports arena and a venue for events such as New York Fashion Week, the US Open, and Fleet Week.

“Mirai,” the chosen name for the casino, means “future” in Japanese. The cost estimate for the project is $3 billion or more — though that might change depending on its location, which has not been finalized.

While UE Resorts and Ader prefer the site to be located in Manhattan, local officials have previously opposed the idea of a casino in the area. Other sites being considered are Long Island and neighboring counties, according to Bloomberg.

Ader’s blank-check company, 26 Capital Acquisition Corp, will merge with a Philippines-based casino resort owned by Universal.

UE Resorts plans to eventually list its shares on the Nasdaq. The proposed New York-based casino is expected to be the company’s only development in the US.

https://www.bloomberg.com/news/artic...-trading-floor

New York City Casino Pitch Includes Cryptocurrency Trading Floor
Ader’s $3 billion plan includes landing pad for flying cars


By Christopher Palmeri
December 7, 2021

Money manager Jason Ader will submit plans on Dec. 10 for a casino in the New York area that features what he said would be the world’s largest cryptocurrency trading floor and a landing pad for flying cars.

Ader, a former casino analyst, said the project will also include an esports arena and space for events such as New York Fashion Week. The project could cost $3 billion or more, depending on the site, which has yet to be determined. Ader said he would prefer the location be in Manhattan.

The New York State Gaming Commission set a Dec. 10 deadline to receive requests for information for what is expected to be three new casino licenses in the southernmost part of the state. They are the last ones authorized as part of a 2013 ballot measure that allowed for seven new nontribal casinos, four of which have already been built upstate.

https://markets.businessinsider.com/...ng-car-2021-12







https://www.vegasslotsonline.com/new...trading-floor/

Pitch for $3bn+ New York City Casino Features Flying Car Landing Pad, Crypto Trading Floor

The chief executive’s New York casino pitch will come via a new business he is forming in partnership with Universal Entertainment Corp., a Japanese gaming machine giant also active in the integrated resort industry and media content business.

As a pitch sweetener, Ader said his new debt-free firm will benefit from Universal’s experience building the multibillion-dollar Okada Manila resort in the Philippines.

While the Okada Manila doesn’t have a flying car landing pad, its pyrotechnic fountain shows and flamboyant futuristic design might indicate Ader’s intentions for New York City.

In October, Hard Rock International chairman Jim Allen also revealed plans to submit an expression of interest for a New York casino license before the December 10 deadline. Among the several major gaming brands also reportedly interested in the three licenses are Bally’s Corporation, Caesars Entertainment, MGM Resorts International, and Wynn Resorts.

Other interested parties include Genting Group, which owns slot gaming parlors at New York-area horse-racing tracks, and Sands. The latter has, according to Bloomberg, held preliminary talks with New York Mets owner Steve Cohen about raising a casino near Citi Field.

With local legislators against a Manhattan casino, other location options for the pitching brands include Long Island and neighboring counties. A recent study by the NYGC projected that three full casinos entering the downstate region’s market could bring in additional revenue of $420m to $630m per year.