Could a Casino Open Inside Saks Fifth Avenue?

by Anthony Losanno
Saks NYC

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Three licenses to open casinos in the New York City region are up for grabs and Saks Fifth Avenue wants one of them according to The New York Times. Hudson’s Bay Company, which owns the department store chain, entered a bid to open a casino on the top three floors of its flagship location in midtown Manhattan (on Fifth Avenue between East 49th and East 50th Streets).

Cards NYC

The 200,000 square foot space would have its own entrance and lobby. Saks considering opening a casino means it will be high end. I could imagine high rollers gambling while spouses and/or family shopped downstairs.

NYS Gaming

The New York State Gaming Commission should announce the winners of the three casino licenses later this year. Other contenders include a space in Times Square, Hudson Yards, a space near the United Nations, one near Citi Field, one near Nassau Colisseum, and another near Coney Island. It will be interesting to see who is selected and how quickly these casinos open.

Anthony’s Take: Casinos were once only found in Atlantic City and Las Vegas. Then, Native Americans started opening them in Connecticut, California, Florida, and elsewhere. Now, you’ll find casinos all over the country including a Bally’s that is slated to be built only a few blocks from me in Chicago. As an avid BlackJack player, I find these developments exciting on one hand, but on the other they take away from visiting a special destination for gaming and certainly chip away at Las Vegas’ draw for players.

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