Caesars Entertainment on the prowl in New York

|About: Caesars Entertainment (CZR)|By:, SA News Editor

Caesars Entertainment (CZR +2%) says it has submitted an application to New York gaming authorities for a gambling license in Woodbury, New York.

The company plans to partner with Caesars Acquisition Company (CACQ +2.8%) on the development.

What to watch: Four casino licenses in New York are expected to be granted with the Orange County region a particular focus of the industry due to its proximity to New York City.