Universal Entertainment, which operates the integrated casino resort Okada Manila, has reportedly announced that it wants to participate in a contest to build up to three highly gambling facilities in the Downstate district of New York.
According to a report by Inside Asian Gaming, Universal Entertainment Corporation, headquartered in Tokyo, opened a 5-room integrated casino resort in the capital of the Philippines about five years ago and made Okada Manila International Incorporated a subsidiary of Nasdaq Securities early in the year. It is planning to list it on the exchange.
As part of this process, the operating subsidiary of the Japanese conglomerate Tiger Resort Leisure and Entertainment Incorporated merged with 26 Capital Acquisition Corporation, an American special purpose acquisition company (SPAC). Tiger Resort Asia Limited will be 80% owned by Tiger Resort Asia Limited, which will become the entity of the newly listed company, officials said.
Future foundation
Following the completion of this attempt, Universal Entertainment said Okada Manila International Incorporated is considering joining the process of building a new Las Vegas-style casino resort in southern New York through Tiger Resort Asia Limited. Explains.
The parent company is said to have completed the entire listing process by the end of June and announced that the newly published company will be renamed UE Resorts International Incorporated.
Southern sanctions
New York state voters passed a draft constitutional amendment in 2013, with four "ups": "Resorts World Catskills," "Rivers Casino and Resort Schenectady," "Tioga Downs Casino Resort," and "Del Lago Resort and Casino." It is said that the commercial casino resort of "State" was born.
However, this measure is equivalent to the "down state" of the "state of the empire," despite years of interest from large business clubs, including Wynn Resorts Limited, Bally's Corporation, and Las Vegas Sands Corporation. It is said that the opening of the facility to be operated has been suspended for 10 years.
Seriously under consideration
Just two years later, the outage will end, and Inside Asian Gaming reported that the New York State Gaming Commission has recently launched an official information survey, "Request for a Statement of Interest."
The source is that the effort will eventually transform the slot-only Resort World New York City and the similarly limited Yonkers Raceway venue Empire City Casino into a full-fledged casino resort. , Saffolk, Nassau, Westchester, Rockland, or Putnam, points out that large-scale developments suitable for gambling could be premiered.
Overview
The New York State Gaming Commission was established in 2013 by the merger of the New York State Horse Racing and Gaming Commission and the New York Lottery Commission, and is said to end its official fact-finding tomorrow.
The six-member committee is said to be supposed to make official recommendations on the feasibility of a new casino resort called "Downstate" and how to select and license winners. I have.
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