Casino and hotel developers and operators will need more than a good poker face and a lucky roll of the dice to win one of the four new resort casino licenses that are on the table in New York State.
The highly competitive application and approval process for resort casino licenses began formally last May when the New York Gaming Facility Location Board issued a request for proposals. On April 29, Goodwin Procter hosted “Competing in the New York Resort Casino Market” in our New York City office, which covered the RFP process, the role investment banks may play in the RFP process, and much more.
Here’s a brief video synopsis of the event.
You can watch the entire presentation here and follow along with the PowerPoint presentation.
Panelists for this event included Goodwin attorneys David Apfel, Stuart Cable, Robert Crawford, Ed Glazer and Andy Sucoff, as well as special guests Jeffrey Gural, Chairman of Newmark Grubb Knight Frank and owner of NY racinos Tioga Downs and Vernon Downs, and Steve Snyder, Senior Vice President, Corporate Development of Gaming & Leisure Properties Inc. Guests included casino and racino operators, land owners, bankers, private equity firms and those involved in REITs and commercial real estate development.