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flag Hudson Yards cancels $12B casino plan under community pressure, shifts to residential units.

flag The Hudson Yards development in Manhattan has scrapped its $12 billion casino plan due to strong opposition from community groups. flag Developer Related Companies and Wynn Resorts will now focus on building around 4,000 residential units instead. flag Wynn Resorts also plans to invest in stock buybacks and other projects. flag This move follows similar decisions by other casino companies, like Las Vegas Sands, due to prolonged opposition and licensing challenges.

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