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New York Gaming Commission Meets to Decide Final Licenses for Three NYC Casinos

Regulators weigh the bids following completed vetting, with billions forecast for transit and schools.

Overview

  • The commission convenes at 1 p.m. Monday to consider licenses for Bally’s in the Bronx, Hard Rock’s Metropolitan Park next to Citi Field, and Resorts World at Aqueduct.
  • Officials say background investigations are complete and statutory suitability criteria are being applied to each applicant.
  • The Location Board projects $7 billion in gaming taxes from 2027–2036 plus $5.9 billion in other taxes earmarked for education and the MTA.
  • Project specifics include Steve Cohen’s partnership with Hard Rock in Queens, Resorts World’s racino expansion at Aqueduct, and a planned casino hotel by Bally’s in the Bronx.
  • Bally’s has pledged $115 million to purchase the Trump Organization’s remaining interest at the Bronx site, while developers tout 4,000–6,000 permanent jobs and up to $1 billion a year in tax revenue per site.