"The New York State Gaming Commission will hold a Monday meeting that is expected to finalize the approval for all three full-scale NYC casino sites. The meeting will take place at the Robert F. Smith Center for the Performing Arts at Denny Farrell Riverbank State Park in Manhattan. It will also be livestreamed. State officials said on the agenda will be the consideration of gaming facilities licensing for the locations that were approved by its Location Board on Dec. 1."
"The final three proposals were the remaining bidders in the years-long competitive process, which attracted many developers and gaming companies seeking a coveted downstate casino license. Some bidders dropped out, while others were rejected by community committees this year. But Bally's, Metropolitan Park and Resorts World prevailed. The board has said that the three casino projects will generate an estimated $7 billion in gaming tax revenue between 2027 and 2036."
The New York State Gaming Commission will meet on Dec. 15 at the Robert F. Smith Center for the Performing Arts and livestream the session to consider licensing three approved casino locations in New York City. The approved sites include Bally's in the Bronx and Hard Rock Metropolitan Park and Resorts World New York City in Queens. The Location Board approved these sites on Dec. 1 after a years-long competitive bidding process that narrowed many applicants. The projects are expected to generate an estimated $7 billion in gaming tax revenue from 2027 to 2036 and an additional $5.9 billion in other tax revenue to support education, public transit, and MTA funding.
Read at www.amny.com
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