New York Approves Three Casinos, Projects Move Forward
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New York — State gaming officials voted Tuesday to approve three casino licenses for New York, awarding permits for projects in Queens at Aqueduct and near Citi Field and for a Bally's development at Ferry's Point golf course in the Bronx. The New York Gaming Facility Location Board recommended approvals for a Resorts World expansion, a Hard Rock-branded complex backed by Mets owner Steve Cohen, and Bally's $4 billion proposal, which includes a $115 million payment tied to land leased from the Trump Organization. The decisions now advance to the state Gaming Commission. Based on 6 articles reviewed and supporting research.
More context
Timeline
- 1. Multiple casino bids competed for New York City licenses; several bids later withdrew.
- 2. Bally's purchased operation rights for Ferry's Point from the Trump Organization in 2023 under a conditional agreement.
- 3. The New York Gaming Facility Location Board met and recommended three licenses for Queens and the Bronx.
- 4. The board's recommendations were forwarded to the state Gaming Commission for final approval expected before year-end.
- 5. If the commission issues licenses, Resorts World, Hard Rock/Steve Cohen, and Bally's projects will proceed to permitting and development stages.
Sources
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