Vornado Withdraws From the Midtown New York Casino License Race

Casino Insider November 01, 2023

Vornado Realty Trust, one of the leading New York developers, announced on 26 October 2023 that the company would step out from the race for a casino license in New York City. The developer’s decision has reportedly been driven by the $3 billion casino licensing and construction costs and the mounting financial pressure for the […]

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