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Queens casino approval granted to Mets' owner Cohen in New York City

SteveCohen, owner of the New York Mets, substantially advanced his quest for one of the three New York casino permits following a favorable City Council zoning decision on Wednesday.

Steve Cohen, proprietor of the New York Mets, advanced significantly in his pursuit of one of the...
Steve Cohen, proprietor of the New York Mets, advanced significantly in his pursuit of one of the three New York casino licenses following a favorable City Council zoning vote on Wednesday.

Tossing the Dice: New Casino Ventures Heat Up in the Sports Betting Realm

Queens casino approval granted to Mets' owner Cohen in New York City

Heed this article if you're all about the latest twists in the gaming world! I'm your guide, Grant Mitchell, former Virginia Tech graduate and ex-NCAA track and field athlete, with a knack for sports and sports betting. I'm here to keep you in the loop on the hottest headlines in the ever-evolving sports betting industry.

Since jumping into the professional ranks in 2021, I've been leaving my mark, collaborating with fine establishments like Forbes and VSiN, building a solid reputation as a trusted voice in the industry. When I'm not crunching numbers or dishing out insights, you'll usually find me pumping iron, exploring the city, or parked in front of the screen for the day's grand match.

So, without further ado, let's dive deep into the world of casino development and sports betting!

Casino Development

These days, becoming a "serious casino hopeful" means setting sights on establishing or expanding casino operations. However, when it comes to the hunt for fresh casino faces or their future playgrounds, the search results fall short of supplying the goods.

Typical suspects in the casino industry are big guns like multinational gaming conglomerates. They tend to chase after expansions in multiple locations but won't bat an eye at skipping town if the odds are against them. But don't expect to find a catalog of new blood in the provided results.

Sports Betting Industry

In the realm of sports betting, major players include:

  • DraftKings: Known for their live betting craze, DraftKings has carved out a name for itself as a top U.S. online sports betting operator, having scored a tight race against FanDuel[1]. That's right, DraftKings will get you your fix of sports betting action anytime, anywhere. Despite their enthusiastic foray into the betting scene, they keep their focus firmly planted on sports betting and steer clear of traditional casino operations.
  • Evolution: While they may not be the go-to for sports betting, Evolution is a force to be reckoned with in the iGaming world, focusing on live dealer games and leveraging opportunities in the U.S. market[2]. If you're more into digitized games of chance, Evolution's got your back.

Latest News

While my search turned up minimal info on our budding casino operator, one mention surfaces for the New York Mets owner, Steven Cohen. Rumor has it, he's looking to set his sights on casino development, but those plans are far from concrete.

Stay tuned for more updates on this exciting chapter in the ever-changing world of casino development and sports betting!

1, 2

  1. In his pursuit of the latest developments in the casino industry, Grant Mitchell points out the scarcity of new casino ventures in the search results.
  2. Despite the domination of multinational gaming conglomerates in casino expansions, the industry lacks a catalog of fresh blood in the provided results.
  3. DraftKings, a prominent name in the sports betting sector, has gained recognition as a top U.S. online sports betting operator due in part to their successful competition with FanDuel.
  4. Despite DraftKings' involvement in the sports betting market, they have chosen to steer clear of traditional casino operations.
  5. Steven Cohen, the New York Mets owner, is rumored to be considering a move into casino development, but these plans remain unconfirmed.

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