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The sale would allow the struggling gaming company to pay off all its debt, stabilize its finances and make the Catskills property more competitive.
The financing designed for the acquisition of the non-gaming assets was delayed as investors seek additional counsel.
A local economic development agency in upstate New York plans to borrow $561 million of high-yield debt to buy part of a ...
“These line runs reflect an ongoing effort to attract downstate visitors,” the report states. “The introduction of a new commercial casino within or closer to New York City would likely reduce the ...
The pending expansion of casino gaming in and near New York City is triggering a big bet in the Catskills. A corporation created by Sullivan County wants to purchase the physical assets of the Resorts ...
Ahead of the licensing decision, Resorts World has unveiled new workforce initiatives. On September 16, the company will open ...
Resorts World NYC’s $5.5 billion expansion plan is a unique opportunity for New York to jumpstart job growth, generate new ...
Resorts World NYC received nothing but goodwill from community speakers, with more than 40 endorsements of the New York ...
"We are expecting a lot of interest in the offering next week," said Geoff Urbina, managing director, KeyBanc Capital Markets ...
More than 40 people testified in support of Resorts World NYC receiving its casino gaming license during a public advisory ...
It is the highest revenue-generating casino in the country outside of Las Vegas and has paid $4.5 billion in tax revenue to New York’s education fund.
This small town in the Catskill Mountains of New York is an outdoor playground with plenty of comfortable resorts as well as campgrounds and stunning hikes.