Mohegan’s New York Casino Plan Promises to Benefit Community, Small Businesses

Mohegan, the gaming and hospitality firm controlled by the Mohegan Tribe in Connecticut, hopes to build a multibillion-dollar integrated casino resort on Manhattan’s East Side, near the United Nations headquarters in midtown. The company is trying to improve its odds of securing one of New York’s three commercial casino licenses made available for the downstate region through the state’s 2013 commercial gaming law. They will do so by pledging to support local small businesses.

In February, Mohegan announced it was joining Soloviev Group’s casino bid for Manhattan. The Soloviev Group is controlled by billionaire Stefan Soloviev, who inherited much of his fortune from his late father, Sheldon Solow. Soliviev has been a successful businessman in his own right, too.

Solow was a major real estate developer in New York City. He left his son a nearly seven-acre vacant plot of land just south of the UN building between 38th and 41st streets, east of 1st Ave. The tract is a rare piece of undeveloped prime real estate in Manhattan.
 
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