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new york the city is Headed towards for an important Expansion of its gambling landscapeAs a proposal for the new casinos The Bronx and proximity to the New York Mets ballpark have been recommended for attractive state licenses.
A major state gaming board endorsed these two projects on Monday, along with a plan to upgrade Resorts World’s slot parlor. queensNear John F. Kennedy Airport, at a full-scale casino offering table games and other amenities.
In particular, Bally’s $4 billion casino proposal for the city-owned Ferry Point golf course means donald trump Be prepared for a significant financial windfall. The Rhode Island-based firm acquired the rights to operate the public green 18-hole course from the Trump Organization in 2023, with an agreement to pay an additional $115 million if it secures the casino license.
The recommendations now go to the state Gaming Commission, which is expected to formally issue licenses before the end of the year, as gambling revenue from the facilities is already included in the state budget.
The Commission is authorized to license up to three casinos. new york city This area opened the door to casino gambling throughout the state after voters approved a referendum in 2013.
Since then, four full-fledged casinos with table games have opened in New York, but they are all located in upstate Manhattan, miles away. The state also has nine gambling halls offering slot machines and other electronic gambling machines, but no live table games.
The gaming board on Monday listed a number of community benefits promised in the proposals, from public safety investments to public transit and road improvements. He also noted the individual aspects of the plans that make them compelling, from the Jack Nicklaus-designed golf course included in Bally’s Bronx proposal to the Hard Rock Casino’s potential to unify the “already vibrant” area of Queens operated by Citifield.
A group of anti-casino protesters chanted “Shame on you! Shame on you!” when he was escorted out of a meeting at the CUNY Graduate Center in Midtown.
The closely watched competition for the New York City license began in a crowded field, with about eight proposals in the running as recently as September.
But four high-profile plans failed to get the seal of approval from local advisory boards, automatically eliminating them from contention.
Among the most notable were the Jay-Z-backed plan to build Caesars Palace in Times Square, as well as two other resorts proposed in central Manhattan.
Then in October, MGM suddenly pulled out of the license sweepstakes, saying that the “competitive and economic considerations” of their plans had changed. The Las Vegas casino giant had planned a major expansion of Empire City Casino, a slots parlor located at Yonkers Raceway, north of Manhattan.
In the Bronx, Bally has proposed a $4 billion development on a parking lot and some practice greens at the city-owned Ferry Point Golf Course, formerly run by Trump’s company.
In Queens, billionaire New York Mets owner Steve Cohen has proposed building an $8.1 billion Hard Rock Casino on the parking lot of the professional baseball team’s Citifield. The complex will include a more than 5,000-seat performance venue, a 1,000-room hotel and retail and shopping space.
Meanwhile, Malaysia-based Resorts World has proposed investing more than $5 billion in a slots parlor to operate at the Aqueduct Race Track, near John F. Kennedy International Airport, in Queens.
The company wants to transform the so-called racino into a full casino, featuring traditional table games like blackjack and poker as well as hotel, dining and entertainment options.