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New York City is getting its first 3 Las Vegas-style casinos
The three casinos will generate an estimated $7 billion in gaming tax revenue and create tens of thousands of jobs, supporting public transit and education, officials said.
- On Dec. 15, the New York State Gaming Commission awarded three full-casino licenses to Bally's, Hard Rock Metropolitan Park, and Resorts World, creating New York City's first Las Vegas-style resort casinos outside Manhattan.
- Following a Dec. 1 recommendation by the Gaming Facility Location Board, the New York State Gaming Commission authorized the three licenses after a vetting process involving local advisory panels and community committees earlier this month.
- Applicants proposed multibillion-dollar investments, notably an $8.1 billion Hard Rock Metropolitan Park plan, with the board predicting almost $13 billion in taxes and Bally's Ferry Point promising 15,000 jobs.
- The commission required five-year monitoring agreements with independent third-party monitors and quarterly reporting to the New York State Gaming Commission, while each winner must pay a $500 million licensing fee benefiting the Metropolitan Transportation Authority.
- Opponents warned of gambling harms and pledged legal fights as Hard Rock Metropolitan Park faced strong local pushback, while a downstate market evaluation projected $5.5 billion gross gaming revenue by 2033.
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N.Y. gives final approval to three NYC casinos, but with a warning
The die is cast, with New York City getting three outer-borough casinos after a pivotal final vote Monday. In an expected move, the New York State Gaming Commission decided to grant licenses to the single Bronx and two Queens applications during a meeting at Riverbank State Park in Manhattan. The winners are Genting Group’s existing Resorts World racino in Jamaica, Mets owner Steve Cohen’s Metropolitan Park near Citi Field and Bally’s Bronx at t…
·New York, United States
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Coverage Details
Total News Sources48
Leaning Left13Leaning Right5Center16Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
L 38%
C 47%
15%
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