New York — Casinos proposed for a golf course in the Bronx and next to the New York Mets stadium are poised to cash in Profitable state gambling license For the New York City area.
The two proposals were recommended for licensing by a major state gaming board on Monday.
The New York Gaming Facilities Location Board also called for a license to be granted to Resorts World to expand its existing slot machine hall in Queens near John F. Kennedy Airport into a full-scale casino with table games and other amenities.
Bally’s $4 billion casino plan for the city-owned Ferry’s Point golf course also means President Donald Trump will also see a big windfall at the casino.
The Rhode Island-based company bought the rights to operate the 18-hole public course from the Trump Organization in 2023, with the promise of… The dowry amounts to another $115 million If she wins the casino license.
The recommendations now head to the state Gaming Commission, which is expected to officially issue licenses before the end of the year, as gambling revenues from the facilities have declined. Already taken into account In the state budget.
The commission has the right to license up to three casinos in the New York City area after voters approved a referendum in 2013 that opened the door to casino gambling throughout the state.
since then, Four full casinos Table games have opened in New York, but all are located upstate, miles from Manhattan. The state has too Nine gambling halls It offers slot machines and other electronic gaming machines, but no live table games.
The Gaming Board on Monday listed several community benefits promised by the proposals, from public safety investments to public transportation and road improvements. They also pointed out the individual aspects of the plans that made them compelling, from the Jack Nicklaus-designed golf course included in Bally’s Bronx proposal to the potential for a Hard Rock Casino to “unite the already vibrant Queens borough” on which Cityfield is anchored.
A group of anti-casino protesters chanted “Shame on you! Shame on you!” As they are escorted out of a meeting at the City University of New York’s Graduate Center downtown.
The closely watched competition for a New York City license began with a crowded field Eight proposals In the race until September.
But four of the high-profile plans failed to win approval from local advisory boards, automatically taking them out of the competition.
Among the most notable was the Jay-Z-backed plan to build a… Caesars Palace in Times Squarebesides Two other resorts Proposed in downtown Manhattan.
Then in October, MGM suddenly pulled of the licensing lottery, saying that the “competitive and economic assumptions underpinning” their plans have changed. The Las Vegas casino giant had planned a major expansion of Empire City Casino, a slot parlor located at Yonkers Raceway north of Manhattan.
In the Bronx, Bally’s proposed a $4 billion for development in the parking lot and some on the practice green at the city-owned Ferry’s Point golf course, which was formerly managed by Trump’s company.
In Queens, New York Mets owner Steve Cohen proposed $8.1 billion construction Hard rock casino in cityfield professional baseball team parking lot. 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 the investment More than $5 billion At the gambling hall that operates at Aqueduct Racetrack near John F. Kennedy International Airport, also in Queens.
The company wants to turn the so-called racino into a full-fledged casino, with traditional table games like blackjack and poker, as well as hotel, dining and entertainment options.