"New York City is poised to get its first Vegas-style casinos, including one next to the home stadium of baseball's New York Mets and another that could see a windfall for President Donald Trump. They were among three casino proposals approved for lucrative gambling licenses on Monday by a key state panel. No casinos will end up coming to Manhattan, however, as several other competing proposals were already scrapped, including one in the heart of Times Square."
"Bally's plan to spend $4 billion building a casino at the Ferry Point golf course in the Bronx could mean millions of dollars for Trump. When the company purchased the city-owned golf course's operating rights from the Trump Organization in 2023, it promised to pony up another $115 million if it won a casino license. Spokespersons for the Trump Organization did not immediately respond to an email seeking comment."
"In nearby Queens, billionaire New York Mets owner Steve Cohen has proposed building a $8.1 billion Hard Rock casino on a parking lot of Citi Field. The complex would include a performance venue, a hotel and retail and shopping space. Resorts World, meanwhile, has proposed investing more than $5 billion to expand an existing slots parlor into a full casino at the Aqueduct Race Track, which is also in Queens near John F. Kennedy International Airport. It too would add hotel, dining and entertainment options."
Three licensed Vegas-style casinos will be built in New York City: a $4 billion Bally's casino at Ferry Point in the Bronx, an $8.1 billion Hard Rock casino proposed by Mets owner Steve Cohen on Citi Field parking, and a Resorts World expansion at Aqueduct in Queens investing over $5 billion. The state Gaming Commission approved the proposals and will issue licenses before year-end, with gambling revenues already included in the state budget. The projects will add hotels, performance venues, retail, dining and entertainment. They are projected to generate roughly $7 billion in gambling revenues over ten years and to fund transit investments.
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