Officials Push Against Opening a Commercial Casino in NYC

NYC Casino

For years, lawmakers in New York have debated whether or not opening a traditional Class III casino in New York would be beneficial for the state. It seemed that some real progress was being made to get this one. Unfortunately, new reports have surfaced claiming a group of politicians has pushed against allowing a commercial casino in NYC.

It’s disappointing news for those hoping to see a real gambling venue finally open its doors in the city. Hope is not completely lost, though. Now is a great time to look at what exactly is happening with this situation.

Let’s get into it!

What’s Going on With New York’s Casino Industry?

New York’s history of gambling regulation goes back decades. For many years, this state was considered one of the most anti-gambling in the country. Lawmakers here prohibited most forms of gambling such as traditional casino gaming and sports betting.

Many pushed back against these intense regulations. Even some of the top lawmakers in the state expressed their opinion that more legal gambling options would bring the state much-needed revenue. Finally, in 2013, things took a major turn here.

It was this year that lawmakers in New York approved a measure to allow commercial casinos. The state mandated that all of these gambling venues open their doors in Upstate New York. This led to a hugely competitive casino industry in this area.

Not long ago, reports surfaced that several of the casinos in New York now owe the state’s Gaming Commission a combined $17.7 million. Rivers Casino & Resort, Lago Resort & Casino, Resorts World, and Tioga Downs Casino all owe millions in overdue fees to this commission. It’s unclear if any of these gaming properties have already decided to pay this bill.

Fortunately, gambling revenue has been slowly increasing in this state. A growing number of individuals are making the trip to Upstate New York to play at their favorite casinos. Just about every major casino destination around the US has been seeing a steady increase of visitors throughout the first five months of 2021.

As revenue increases, more individuals are pushing the idea of opening a real casino in New York City. New reports indicate this may not be taking place anytime soon.

Politicians Push Against Allowing a Commercial Casino in NYC

The discussion surrounding a real casino in New York City has been going on for years. Proponents believe it will help to boost tourism and revenue for the city. Detractors feel it could lead to an increase in crime and gambling addiction.

Some felt that 2020 would be the year for a measure allowing a commercial casino in NYC to get passed. Several prominent figures in politics including New York City mayor-hopeful Andrew Yang supported this idea. Unfortunately, reports have just surfaced that indicate this may not happen anytime soon.

The New York Post has just released a new report claiming a group of Manhattan legislators are pushing against these plans. Assemblyman Richard Gottfried gave his official take on this situation to the media this week. Ultimately, he believes this will be a detriment to the Manhattan area.

“I adamantly oppose any casino in Manhattan,” Gottfried said. “I believe it would be seriously detrimental to the residential and commercial quality of Manhattan.” 

Governor Cuomo pushed against allowing any new forms of gambling in New York for years. Recently, however, he changed his tune and even supported the move to open a commercial casino in NYC. He expressed disappointment at the news that these legislators do not support the city’s casino plans.

This news does not mean that the city’s casino plans are completely dead. Lawmakers will now meet to weigh the pros and cons of this industry. We’ll be sure to offer more updates on the move to get a NYC casino opened over the next few weeks.

New Jersey’s Casinos Prepare for Major Revenue Surge

The state of New Jersey is known for being the gambling capital of the East Coast. Some of the best casino-resorts in the country are located in Atlantic City. Throughout 2021, these properties have been seeing a steady increase in their revenue figures.

Most analysts expect this summer to be hugely successful for New Jersey’s casino industry. Hotel bookings in Atlantic City are ramping up. As a result, many of these casino-resorts are undergoing massive renovations.

The Ocean Casino-Resort has announced it is planning a $15 million renovation project. The Hard Rock Atlantic City is also preparing for a $20 million renovation. Many gambling fans in the area are excited to see how these properties improve.

Some exciting new entertainment options are coming to this city soon, too. As infection rates drop, regulations towards casinos are being lifted. Many of the casino-resorts here are now resuming sold-out concerts and shows.

It’s an exciting time for the entire East Coast casino industry. Places like Pennsylvania and Delaware have seen steady increases in their gaming revenue lately. We’ll be sure to report on the revenue figures in these states over the next few months.

Do you think we’ll see a commercial casino in NYC anytime soon? Let us know in the comments section below.

More Plans to Open a NYC Casino are Coming Out

New York City View

New York is home to a large casino industry. Unfortunately, revenue from this industry has been low for more than a year and many are looking at new ways to bring in money. We’re now beginning to hear more about the plans to open a NYC casino.

Many officials are pushing to allow a Class III gambling venue in New York City. It seems that some progress is being made on this front. Today, we’re going to discuss exactly what needs to be done for a casino to be approved to open its doors in the Big Apple.

Let’s get into it!

Gaming Revenue is Beginning to Surge Around the US

It’s been more than a year since the US casino industry completely shut down. This proved to be one of the biggest moments in the casino industry to date. It took months for any major casinos to begin operating again.

The country’s larger gaming hubs were impacted more than the smaller ones. Places like Las Vegas and Atlantic City immediately began to suffer. These cities are unique in that they rely massively on their tourism industries.

Las Vegas began allowing its casinos to operate again in June. Of course, these venues were only able to operate at a limited capacity with intense regulations set in place. Tourism in the city remained low even after the casinos opened their doors again.

Atlantic City wasn’t given permission to reopen casinos until July. It was a tough few months for the East Coast’s biggest gaming destination. Like Las Vegas, tourism here remained very low for months.

Things are beginning to improve, though. Tourism rates are steadily increasing in Las Vegas. Casino companies across the country are beginning to see an increase in revenue. It seems likely that there will be a major recovery reported throughout the summer.

New York has been trying to improve its casino industry for years. It’s now looking like a major gambling venue could finally be making its way into NYC.

Here’s What We Know About the Plans to Open a NYC Casino

The idea of opening a major Class III casino in New York City has been floating around for years. There has been pushback by several prominent individuals in the state who feel this could end up resulting in more crime and gaming addiction. Lately, however, more have gotten on board with the idea of getting a casino in New York City up and running.

Several prominent politicians are interested in this idea, as well. New York City mayor-hopeful Andrew Yang has been supporting the plans to open a NYC casino. He believes this gaming venue could help to bring New York a huge amount of valuable revenue.

This week, news broke that a bid to open an official casino in New York City came up during the state budget talks. It’s the first time this has happened and shows how much progress is being made. Governor Cuomo is now said to be working on a “community advisory board” to find an adequate site to host this new casino.

One anonymous lawmaker spoke with the New York Post this week about the current casino plans here.

“Cuomo is like a mad scientist in his lab drafting language for a new casino. Legislators in the Senate and Assembly are rejecting budget language giving the governor the authority to locate a casino in Manhattan,” the lawmaker said.

It’s clear that more individuals are now beginning to support the idea of opening a major casino in New York City. Reports have surfaced showing this property could bring the state a massive amount of tax revenue every single year. One anonymous lawmaker seems to indicate that not everyone is supporting this idea, though.

Finding a suitable location for this venue seems to be the main priority right now. We’ll be sure to offer updates on this situation over the next few weeks!

Atlantic City’s Casino Industry is Poised for a Big Comeback

Casinos around the United States are beginning to see big increases in their monthly revenue earnings. It’s great news for the companies that own these properties. Most major US casino operators have seen unprecedented revenue drops over the past twelve months.

Atlantic City may end up seeing a massive comeback this summer. This small city is home to many of the best casino-resorts on the East Coast. Most of the restrictions here have been lifted and these casinos are beginning to report major increases in their visitation rates.

Some big companies are now investing into this city’s gaming industry. Not long ago, news broke that the Ilitch family had agreed to purchase half of the Ocean Casino in Atlantic City. They expect major jumps in revenue over the next few months.

The sportsbooks here are likely to see a major revenue boost, as well. Online sports gambling revenue has been flowing into New Jersey for the past year. As more visitors flock into Atlantic City, land-based sports betting revenue will increase.

It’s a great time for the casino industry. If all goes according to plan, there will be a surge of tourism into the major gambling hubs around the country. Stay tuned for updates on this exciting situation.

What do you think about the plans to open a NYC casino? Do you think a casino will open here in the next few years? Let us know in the comments section below.

We Could See a Casino in Queens Opening Sometime Soon

Resorts World NY

The push to get a real Class III casino in New York City continues. It’s been a long, complicated process to get a major gaming venue in the Big Apple. Now, many are looking at possible locations for this property. Some believe we’ll see a casino in Queens opening its doors sometime soon.

This seems like a logical location for this new venue. Today, we’ll discuss why Queens may be the best area for a casino. We’ll also talk about what needs to happen for a New York City casino to open its doors.

Here’s what you need to know!

Lawmakers Continue Working to Expand New York’s Gambling Industry

New York’s gambling industry is still fairly new. For decades, officials here prevented any real commercial gambling properties from operating in the state. Finally, in 2013, the state government approved a new measure to allow commercial casinos here.

This proved to be a game-changer for New York’s gambling industry. It didn’t take long for major casino companies to begin opening casinos in the Upstate area. Unfortunately, state leaders did not permit any casinos to open in New York City.

Many now believe that it’s time for New York to expand its gambling options. A few years ago, the state legalized sports betting. Interestingly, only land-based sports betting was allowed here. The state pushed against the legalization of internet sports gambling.

More are now pushing for Governor Cuomo to begin allowing internet sports betting. New York’s sports betting revenue has been significantly lower than neighboring states. Until online sportsbooks become regulated here, this will not change.

There is also a huge push to allow more casinos to open around the state. The past year has been extremely tough for the casinos in Upstate New York. Many believe the state would benefit greatly from allowing casinos in New York City.

It seems that some progress is being made to get a casino opened in New York. Here’s a look at where this property could open its doors.

Here’s Why More are Pushing to See a Casino in Queens

As we just mentioned, New York’s gambling industry has expanded in a big way over the past few years. It is still significantly smaller than some of the other ones nearby such as New Jersey’s and Pennsylvania’s. Allowing a casino in New York City could be a great way for the state to compete in the market.

There have been some major issues getting this venue approved. Some in New York City believe that opening a casino here will result in an increase in crime. As time goes on, however, more are embracing the idea of a Class III casino in the city.

It now seems there could be a casino in Queens opening its doors sometime in the future. Queens is currently home to Resorts World Casino New York City. This isn’t a real casino and is only able to offer a limited set of electronic games.

Resorts World is one of the main candidates to become the first real casino in NYC. Meghan Taylor, the vice president of Government Affairs and Public Relations for Resorts World Casino, believes this will help to bring some much-needed revenue for the state moving forward.

“We are in an extremely different time in 2021, post-pandemic, where the state is dying for an economic boost,” Taylor said. “What that means is thousands of jobs being created almost immediately, and those thousands of jobs are for communities or really would be in communities that are in need of quality, high-paying jobs.”

This is exactly what many other state leaders are beginning to realize. New York is in serious need of tax money right now. A legalized casino in New York City could be the perfect way to achieve this goal.

The push to allow online sports betting continues, too. Here’s a look at what is happening on that front.

Now is the Perfect Time to Allow Online Sports Betting in NY

New York once had some of the strictest gambling laws in the country. For one reason or another, state leaders pushed against the legalization of almost all forms of gambling. Only recently have things begun to change here.

Land-based sports betting is now available in the state. No regulated online sportsbooks are currently allowed here. There has been intense pressure on Governor Cuomo to finally change this ban on internet sports betting, though.

Several companies seem ready to break into the state’s new online market. That includes Penn National Gaming, which recently secured a deal with the Twin Rivers Casino in New York. This will allow Penn Gaming to launch online sportsbooks in the state as soon as it becomes legal.

It seems likely that New York could grow to have one of the largest sports betting markets in the country with the legalization of online sportsbooks. New Jersey is setting new revenue records almost every month from this industry. It’s bringing the state a huge amount of tax money.

The gambling industry in New York seems likely to change in a big way soon. Most expect to see online sports gambling legal here within a year or two. We may even see a real casino in Queens open its doors soon!

Do you think it’s time for New York City to open a Class III casino? When do you expect online sports betting to become legal here? Let us know in the comments section below.

More Officials Push to Allow Real Casinos in New York City

New York City Casinos

New York is home to a fairly large number of popular casinos. For several reasons, however, there are no real casinos in New York City currently operating. Many state officials are now taking issue with this fact and feel that things should change.

Analysts believe New York would benefit from expanding its gambling industry. The state has struggled to compete with many of its neighboring states in the casino and sports betting departments. Now is a great time to talk about how things could change here in the near future.

Let’s get into it!

New York Seems Close to Finally Allowing Online Sports Betting

The state of New York is well-known for having one of the most passionate sports fan bases in the country. Unfortunately, state leaders here haven’t capitalized on this fact. Lawmakers here have been hesitant to expand the sports betting industry here in any major way.

The first legal sports wager was made here in 2019. As of now, only land-based sports betting is available. That has made it difficult for sports betting operators to generate revenue with the events that have unfolded since March of 2020.

There has been a real push to allow online sports betting here lately. Analysts point to states such as New Jersey and Pennsylvania with regulated online sportsbooks up and running. These states are earning a massive amount of tax revenue from these internet gambling operations.

Officials in New York can no longer deny this fact. Even Governor Cuomo, who has been largely anti-online gambling over the years, seems to be embracing a change. He is actively in talks with other officials on how to safely launch the state’s online sports betting platforms.

This could end up being a game-changer for New York. It will almost certainly result in a major revenue spike. As of now, there is still no official date set for the state’s online sportsbooks to go live.

Many also feel that New York should begin to expand its casino industry. Here’s what we know about this situation.

Business Officials Push to Allow Real Casinos in New York City

The casino industry in New York has been steadily increasing since 2013. That year, state leaders began allowing commercial casinos to start operating. None were given permission to operate in New York City, though.

State leaders have long pushed against allowing Class III casinos in NYC. They believed these venues could cause a variety of unintended issues in the city. That idea seems outdated, however, when considering many of the successful casinos in other major US cities.

New York is beginning to realize that fact. Several prominent business leaders in different parts of the city are now supporting the push to allow real casinos in New York City. That includes leaders in The Bronx and Westchester County.

Most of the focus seems to be on allowing table games inside the Empire City Casino. This venue is one of the only ones in the city currently able to offer slot machines and other electronic games. There are now many that want to see this venue become a real, traditional casino.

Council member Shanae Williams believes this will end up bringing more money into Yonkers, where the Empire City Casino is located. “It would mean more money to help with a lot of different community projects, and I think that’s what we need right now in Yonkers,” she said. 

Governor Cuomo has shown a willingness to look into this idea. Of course, he is facing a variety of other issues at the moment that are likely taking his attention. We’ll be sure to offer more updates on any possible casinos in New York City over the next few months!

Atlantic City is Still in Recovery Mode

New York seems close to allowing many new gambling options. Over in New Jersey, the casino companies have a different focus. Rather than looking at expansion, these casinos want to simply get back to the way things were in 2019.

Atlantic City has been hit hard over the past twelve months. There are some clear signs that things are beginning to improve here. Revenue figures are still far below what was seen just a couple of years ago, though.

As infection rates drop, Governor Phil Murphy has slowly begun lifting restrictions on Atlantic City. This is giving the casinos here a little breathing room to attract players. Even major sports leagues are now making the move into AC.

News broke today that the Professional Fighters League plans to hold its upcoming tournament bouts inside the Ocean Casino-Resort in Atlantic City. These bouts will take place inside a “bubble” without any fans in attendance. It goes to show how far things have come here since last year.

Many believe February’s gaming revenue figures will break records. The Super Bowl likely brought an unprecedented amount of wagers. Hopefully, that money helps to keep the gambling properties here afloat during these difficult times.

Do you think we’ll see real casinos in New York City soon? Let us know in the comments section below.

Andrew Yang Supports New York City Casino Plans

Andrew Yang

For years, several officials in New York have been pushing to open a new casino-resort in New York City. This idea is now beginning to gain attention from powerful individuals in the state. That includes Andrew Yang. New reports claim that Yang now supports the New York City casino plans.

It’s exciting news for gambling proponents in this state. Some, however, feel this isn’t the right time to discuss opening a casino in the city. Today, we’ll talk about what exactly might be coming to New York City in the future.

Let’s get into it!

New York’s Casinos Are Continuing to Struggle

For many years, New York was known as one of the most anti-gambling states in the country. Lawmakers here began cracking down on this industry decades ago due to its connection with crime groups. Some felt that we’d never see a booming casino industry here.

Eventually, the state began allowing Native American-run casinos to begin operating in the state. These grew extremely popular with residents and revenue started to increase. In 2013, officials in New York decided to pass a bill to allow commercial casinos in the state.

This was a huge moment for the country’s gambling industry. It became clear that New York saw the upside in gambling. Several commercial casinos have since opened in the state, mostly in the Upstate area.

2020 proved to be a devastating year for New York’s casino industry. In March, all of the casinos here were forced to shut down. They reopened over the summer, yet all of the casinos in the state have seen extremely low revenue figures since that time. Some are at risk of a permanent shutdown.

New York isn’t alone in this situation. All major casino destinations around the US are seeing extremely low revenue figures right now. It’s a complicated issue that even the top gaming experts are having a difficult time solving.

Could opening a casino-resort in New York City help things? Some certainly think so. That includes one man currently pushing to become mayor of NYC.

More Show Support for New York City Casino Plans

It’s clear that New York has changed its stance on gambling over the past few years. Interestingly, nearly all of the casinos in this state are located in the Upstate area. Many state leaders have been hesitant to allow any casinos in New York City.

Some now feel this is the time to make a change. We’ve seen several states open major casino-resorts lately. Prior to 2020, these venues were proving to be hugely successful. Even Chicago has recently approved a measure to open a new casino-resort.

This week, NYC Mayor-hopeful Andrew Yang gave his opinion on this situation. He addresses the fact that casinos can bring a variety of issues. Ultimately, however, he supports the New York City casino plans due to the massive revenue potential.

“We need big ideas,” Yang tweeted this week. “There are many downsides of casinos but the upside is $700m+ recurring annually largely from tourists now going to CT and NJ. That’s money for teachers, hospitals and other services. We should be trying to grow revenue where possible.”

Yang certainly has a point. Many gambling fans based in New York City are heading to neighboring states to play their favorite casino games. Opening a gambling venue in the city would help to keep this money inside the state.

It will be interesting to see if these plans move forward over the next few years. Many feel that Andrew Yang will end up becoming the next Mayor of NYC. Perhaps he will push these casino plans forward. Stay tuned for updates!

Will New York Approve Mobile Sports Betting This Year?

The casino industry in New York is growing at a steady pace. Prior to 2020, this industry was helping to bring the state valuable revenue in the form of taxes. Hope is that casinos here begin seeing pre-pandemic levels of revenue over the next few months.

As many know, New York also legalized sports betting years ago. Unfortunately, only land-based sports wagers are available here. It’s unusual, as online sports betting has proven to be a far more lucrative industry.

Many are now calling for mobile gambling to finally be approved in 2021. There are several bills to start regulating this form of gambling moving through the legislative process. Many believe lawmakers will give online sports betting the green light this year.

That will be bad news for New Jersey. This state has seen massive revenue figures from its online sports gambling industry over the past twelve months. Many sports fans in New York make the move into New Jersey’s borders in order to place online sports wagers.

If New York’s online sports betting industry goes live, this money will stay inside the state. It’s a similar thought process to the New York City casino plans. Officials in the state are tired of seeing money go into other parts of the country.

Do you think a casino should open in New York City? Would this be successful? Let us know in the comments section below.