Last Manhattan Casino Bid Knocked Out of Fight for License (3)

Sept. 22, 2025, 7:23 PM UTC

There will be no Manhattan casino.

On Monday, a committee representing city and state elected officials rejected a bid from New York office landlord Stefan Soloviev and Mohegan, who proposed to build an $11.2 billion casino project on Manhattan’s East Side, right near the United Nations’ headquarters.

The decision follows the rejection last week of two other proposals for Manhattan casinos put forward by companies including SL Green Realty Corp., Caesars Entertainment Inc. and Silverstein Properties. With no more Manhattan bids left in the competition, the years-long effort to bring as many as three casinos to downstate New York ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.