2022년 4월 16일 토요일

Big Apple Wins Casino

Big Apple Wins Casino

The big apple has been granted a casino license by the State of New York, paving the way for a new gambling destination in the heart of Manhattan.

The move is controversial, with many local residents concerned about the impact a casino will have on their community. But proponents argue that it will create jobs and bring in much-needed revenue to the state.

Governor Andrew Cuomo hailed the decision as a "major victory" for New York and said work would begin immediately on the new casino. It is expected to open in late 2020 or early 2021.

The new casino will be located on 42nd Street near Times Square, occupying a space that is currently used for parking. The project is expected to cost $1.5 billion and will create 3,000 jobs.

Casinos are becoming increasingly popular in the United States, with 29 states now offering some form of legalized gambling. New York joins Nevada, Delaware, Pennsylvania, and West Virginia as states with commercial casinos.

Big Apple Wins Slotgaming

Las Vegas Sands, Wynn Resorts, and MGM Gaming have lost their appeal to operate a casino in the Big Apple.

The New York State Gaming Commission has unanimously voted to award the coveted license to a consortium led by Rush Street Gaming and including Caesar's Entertainment and Genting Group. The decision means that upstate New York will now have four casinos, with locations in the Finger Lakes, Southern Tier, and Catskills.

Las Vegas Sands had been the favorite to win the license, with its $1.3 billion proposal featuring a casino and hotel on 42 acres of waterfront property in Queens. However, the company was forced to pull out of the race late last year after failing to win backing from Albany lawmakers.

Wynn Resorts also made a late run at the license, proposing a $1.6 billion casino resort in East Harlem. However, the company's application was derailed by sexual misconduct allegations against founder Steve Wynn.

MGM also made a play for the license, teaming up with Australian gaming giant Crown Resorts to propose a $1.4 billion casino resort on Staten Island. However, the proposal was seen as too ambitious and lacked community support.

In contrast, Rush Street Gaming's proposal is smaller but more realistic, with a budget of just $300 million. The company already operates two casinos in Pennsylvania and is experienced in working with Indian tribes partners.

The decision is a major victory for Governor Andrew Cuomo, who has been pushing for upstate New York to get its own casinos as a way of boosting the economy. The four new casinos are expected to create 4,000 jobs and generate over $1 billion in economic activity each year.

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