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NYC Casinos Could Become World's Biggest; Atlanta Embraces Soccer | Bloomberg Business of Sports
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July 12, 2025
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5:48
33:47Now PlayingJoin hosts Michael Barr, Damian Sassower and Vanessa Perdomo for a look at some of the latest headlines and stories in the business of sports.
Bidders for three New York City-area casino licenses are projecting revenue that would place them among the most lucrative resorts in the world, according to an analysis of their proposals.
In Manhattan, the Freedom Plaza project is expected to generate $2.2 billion in annual revenue in its first year of operation, rising to $4.2 billion by year 10, while billionaire Steve Cohen’s project near Citi Field in Queens is forecast to produce $3.9 billion annually by year three, according to executive summaries the bidders filed with the New York State Gaming Facility Location Board. Bloomberg News New York City and State reporter Laura Nahmias joins to discuss the big money prospects for gaming in the NYC-area.
Then, Bloomberg News global business of sports reporter Ira Boudway discusses the latest as college athletes begin to receive pay from their schools following the NCAA's settlement.
Plus, Vanessa Perdomo sits down with Dan Corso, President of the Atlanta Sports Council and head of the Atlanta World Cup Host Committee, along with Tim Zulawski, President of AMB Sports and Entertainment, which owns Mercedes-Benz Stadium and the Atlanta Falcons. They discuss Atlanta hosting the FIFA Club World Cup, how they're both looking forward to the city hosting the 2026 FIFA World Cup and how they're hoping to build Atlanta into a major hub for soccer in the US.
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Michael Barr, Scarlet Fu and Mike Lynch follow the money in the world of sports, taking listeners inside decisions that power the multibillion dollar industry. From media and technology to finance and real estate, leagues and teams across the globe have matured into far more than just back-page entertainment. The show explains the money behind the final score.
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