All Existing Operators Granted New Casino Licenses by Macau Government, Genting Malaysia Out of Competition
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Mr. DeCree also highlighted that job creation and capital investment were among the key factors when applications are taken under consideration. John DeCree, a CBRE Equity Research analyst, has estimated the gross gaming revenue of New York State’s total addressable market at $4.8 billion. According to him, the Empire City casino of MGM Resorts could generate an overall $1.45-billion revenue and gaming revenue worth $1.28 billion every year.
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