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Wednesday, January 18, 2023

Downstate Casino Applications are open


This was in NY DAILY NEWS on Jan 4th. This is from an article talking about how the applications for the downstate casino license open.

A community advisory committee made up of local stakeholders must also give each application the go-ahead.

Sen. Joe Addabbo (D-Queens), chairman of the chamber’s gaming committee, applauded the board for moving forward.

“The quicker the three licenses are approved, the quicker we can begin to realize the major benefits to the state, such as thousands of construction and post-construction jobs, billions in revenue from the licenses, an increase in problem gambling monies and programs, as well as billions more in educational funding when the winning casinos go live,” he said in a statement.

As part of the state budget last year, Gov. Hochul and lawmakers agreed to fast-track the approval process for downstate casinos, which will be allowed to offer table games like poker and blackjack in addition to slots and video terminals.

Two existing “racinos,” Resorts World Casino in Queens and the Empire City Casino in Westchester County, are preparing to apply for the full licenses and are considered frontrunners in the competition.

I don't think this is a slam dunk for 126th street. 

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