$3bn New York City casino proposal will include crypto trading floor

The Mirai casino pitch proposes the world’s largest cryptocurrency trading floor.
The Mirai casino pitch proposes the world’s largest cryptocurrency trading floor.

Jason Ader and Universal Entertainment Corp will submit a pitch for their proposed Mirai casino on December 10

US.- Jason Ader, a former Las Vegas Sands board member, and Universal Entertainment Corp, the Japanese gambling company, will submit a proposal for a $3bn New York casino this week, and the project will include a crypto trading floor.

The New York State Gaming Commission set a December 10 deadline for requests for information on an expected three new casino licences for the southernmost part of the state. 

Ader’s proposal will include plans for a crypto-trading floor, likely to be the largest in the world, as well as a futuristic flying car landing pad. The project will also include an esports arena and space for events. The resort would be called Mirai, which means future in Japanese. Ader said he would prefer the location to be in Manhattan.

“The goal is to have a differentiated but comprehensive approach to entertainment that goes beyond casino gaming with some pretty cool elements,” he said in an interview.

The financial backing for the project would come from 26 Capital Acquisition Corp

The pitch aims to secure one of the three remaining casino licences in downstate New York following a 2013 ballot measure that made provisions for seven new non-tribal casinos. Four of these have already been developed.

See also: Hard Rock considers two New York-area casinos

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New York State Gaming Commission