New York City: The Avenir to commit $400 million for community partnerships with NYC casino bid

Tuesday, July 1, 2025 3:18 PM
  • Chris Altruda, Casino Reports

The Avenir, one of eight applicants vying for three downstate casino licenses to be awarded by the New York Gaming Facility Location Board, announced Monday a $400 million commitment to community partnerships.

The commitment is contingent on The Avenir — which is fronted by Silverstein Properties and would have its casino operated by Rush Street — being awarded one of the coveted licenses. Win, Covenant House, Rethink Food, and Hudson Guild would be among the community groups that would be receiving funds.

“Silverstein Properties has deep roots on the Far West Side,” said Dino Fusco, chief operating officer, Silverstein Properties. “Our top priority is the well-being of our neighbors and the broader community. We are planning to direct millions of dollars in new funding towards high-priority community needs and support these important local organizations and the people they serve.”