New York Casino Proposals in Queens and Bronx Move Closer to Approval
CBS New YorkDecember 5, 20252 min1,564 views
9 connectionsΒ·12 entities in this videoβCasino License Recommendations
- π― 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.
- π‘ The recommended projects include Valley's Bronx, Hard Rock Metropolitan Park, and Resorts World New York City.
Project Details and Partnerships
- π€ Rapper Nas is a partner in the proposed five billion dollar expansion of Resorts World New York City in Jamaica, Queens.
- π’ Metropolitan Park near City Field is backed by Mets owner Steve Cohen and would include a Hard Rock Hotel.
- β³ 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
- β οΈ The nonprofit Save the Sound expressed disappointment, citing a lack of a sufficient plan to address pollution and inadequate infrastructure for wastewater management.
- π° A spokesperson for the proposed Bronx casino stated its plan includes modern wastewater and storm water systems.
- π Consultants conservatively analyzed potential economic conditions, projecting approximately $7 billion in tax revenue over a 10-year period.
Timeline and Funding
- ποΈ The state gaming commission has until December 31st to make a final decision on granting or denying the licenses.
- π If approved, Resorts World could begin expansion in the spring, while the other two projects expect to open in 2030.
- πΈ 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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Whatβs 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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