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New York Casino Proposals in Queens and Bronx Move Closer to Approval

CBS New YorkDecember 5, 20252 min1,564 views
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Casino License Recommendations

  • 🎯 The state's gaming facility location board has recommended the state gaming commission approve all three applications for new casino licenses in New York City.
  • πŸ’‘ The recommended projects include Valley's Bronx, Hard Rock Metropolitan Park, and Resorts World New York City.

Project Details and Partnerships

  • 🎀 Rapper Nas is a partner in the proposed five billion dollar expansion of Resorts World New York City in Jamaica, Queens.
  • 🏒 Metropolitan Park near City Field is backed by Mets owner Steve Cohen and would include a Hard Rock Hotel.
  • β›³ The Bronx location, Throg's Neck, would build a hotel and already has a golf course purchased from the Trump Organization.

Environmental and Economic Concerns

  • ⚠️ The nonprofit Save the Sound expressed disappointment, citing a lack of a sufficient plan to address pollution and inadequate infrastructure for wastewater management.
  • πŸ’° A spokesperson for the proposed Bronx casino stated its plan includes modern wastewater and storm water systems.
  • πŸ“Š Consultants conservatively analyzed potential economic conditions, projecting approximately $7 billion in tax revenue over a 10-year period.

Timeline and Funding

  • πŸ—“οΈ The state gaming commission has until December 31st to make a final decision on granting or denying the licenses.
  • πŸš€ If approved, Resorts World could begin expansion in the spring, while the other two projects expect to open in 2030.
  • πŸ’Έ Problem gambling programs are slated to receive approximately $10.7 million annually from the approved casinos.
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Transcript9 segments

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What’s Discussed

New York City CasinosGaming Facility Location BoardResorts World New York CityHard Rock Metropolitan ParkValley's BronxCasino LicensesEconomic DevelopmentEnvironmental ImpactWastewater ManagementTax RevenueProblem Gambling ProgramsSteve CohenRapper Nas
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CompaniesΒ· 8
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PeopleΒ· 2