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.