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The first time tourists experience it, the spectacle can seem a magical slice of New York ¡ª a kind of everyday ¡°Runyonland,¡± the teeming opening number of ¡°Guys and Dolls.¡± Speaking though, as someone who regularly attends theater there at the craziest times, on evenings and weekends, it is hardly what you¡¯d call a concrete garden of earthly delights. The crowds gathering each New Year¡¯s Eve to cheer as that crystal orb drops seem to be (at least from the vantage point of my TV) better managed than on most ¡°normal¡± nights. That¡¯s when the sidewalks can become so choked with pedestrians that your most powerful instinct is to flee.
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¡°We haven¡¯t put anything formally into anybody at this point but we expect that our group will do so,¡± James Featherstonhaugh said, referring to applications for a license.
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Oak Street Real Estate Capital has purchased the 30-acre site of the former Chicago Tribune publishing center for $200M in a sale-leaseback deal with Bally¡¯s that will help fund a $1.7B casino, hotel and entertainment complex the gaming giant plans to build on the site.
Melco Resorts & Entertainment Limited (NASDAQ:MLCO) rose 5.97% in early trading on Wednesday, while Las Vegas Sands (NYSE:LVS) gained 2.33% and Wynn Resorts (NASDAQ:WYNN) was 1.88% higher. The three casino stocks are on their way to a third straight up day.
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