$3bn New York casino plan features crypto trading floor

A mammoth $3bn casino proposal in New York will feature a cryptocurrency trading floor, according to recent reports.

SpringOwl Asset Management CEO Jason Ader will submit plans for the casino on December 10.

The preferred location of the development will be in Manhattan, and it will focus on e-sports as well as cryptocurrency.

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

The casino, which is set to be called Mirai, will receive one of three new licenses issued by New York state as part of a 2013 ruling that issued a total of seven non-tribal venues.

In order to accommodate for modern trends, there is an audacious plan to build a “flying car launching pad” as well as event space for the New York Fashion Week.

It becomes another clear example of a crossover between the iGaming industry and cryptocurrencies – both of which have been under scrutiny by global regulators.

Last week, plans were announced for a $1 million poker tournament – the largest of its kind – with organisers taking buy-ins in Bitcoin and other cryptocurrencies.

There was also a tournament in the summer featuring the likes of Tom Dwan that raised $100,000 in cryptocurrencies for charity.

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