US EditionInside the high-stakes battle to win a New York City casino license
NEW YORK CITY, NEW YORK, JUL 30 – New York plans to grant three casino licenses expected to generate $841 million in annual tax revenue and 30,000 jobs despite strong community opposition and zoning challenges.
- According to the state board, a decision is expected by Dec 1 on three commercial casino proposals in the five boroughs and Yonkers, with licences expected by Dec 31, 2025.
- Since the 2013 vote, the idea has been stirring as New York voters approved a referendum authorizing up to seven full casinos.
- Eight project teams are bidding for a state license, with each casino license fee of $500 million due by December 31.
- Following the zoning vote, the New York City Council rejected a land-use change in a 29-9 vote, halting Bally’s Bronx casino bid.
- Proposals promise thousands of jobs and billions in taxable revenues, significantly changing city neighborhoods, according to industry sources.
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Total News Sources56
Leaning Left14Leaning Right2Center12Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 43%
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