Hochul accused of rigging NY casino license plan in favor of politically-connected slot parlors

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New York Post

NY lawmakers push for faster NYC casino openings: 'We're leaving $2B on the table'

Two state lawmakers say it's time to roll the dice on awarding casino licenses in the New York City area and are backing a bill that would speed up the current much-criticized timetable. Sen. Joseph Addabbo (D-Queens) and Assemblyman Gary Pretlow (D-Mount Vernon) are pushing a proposed law in the waning days of the state legislative session that…

Law ・ 22 May 2024

World Casino News

New York's iGaming regulator is charging a $500 million fee for city casino license

Once licensed to operate any of New York state's three casinos, the operators are required to pay the state at least a $500 million fee for the gambling license, under new rules authorized by the state's site committee announced Tuesday. Request for applications: The filling was revealed by the New York Gaming Board, known as New York's iGaming…

Law ・ 05 January 2023

Yogonet

New York State officials approve rules for casino license bidding process

New York State officials have released the criteria they will use to determine how up to three new casino licenses will be awarded. The operators awarded licenses to run any of the New York City-area properties will have to pay the state at least a $500 million fee for the permits, according to the rules the New York Gaming Facility Board approved…

Industry ・ 04 January 2023

New York Post

New York charging $500 million fee for NYC casino license

The operators awarded licenses to run any of the three New York City-area casinos will have to pay the state at least a $500 million fee for the chance at rolling the dice, according to new rules approved by a state siting board Tuesday. The New York Gaming Facility Board released the request for applications, which includes a rating system that…

Travel ・ 04 January 2023

Vegas Slots Online

Gov. Hochul Backs NY Casinos Amid Political Opposition

In a gubernatorial election debate, New York Governor Kathy Hochul rejected the notion of suspending the license bidding process for three downstate casinos. [Image: Shutterstock.com] In a gubernatorial debate against Republican challenger Congressman Lee Zeldin, New York Governor Kathy Huchel stuck to her guns regarding plans to bring three…

Politics ・ 27 October 2022

The New York Times

Where Could a Casino Be Built in New York City? What We Know

For years, casino companies have salivated over the prospect of a casino in New York City, one of the last major untapped gambling markets in the United States and a global tourist destination anchoring a metropolitan area with about 23 million residents. They may soon get what they were looking for. In April, elected officials in Albany authorized…

New Year ・ 21 October 2022

New York Post

Mets owner Steve Cohen looking to open NYC casino

He's swinging for the fences - and hoping for a jackpot. While his Mets look to shore up their ranks ahead of the trade deadline, owner Steve Cohen is at the same time angling to secure one of the three downstate commercial casino licenses, dispatching close associates to cozy up to Mayor Eric Adams and Queens officials. Sources told The Post that…

Gaming Authorities ・ 26 July 2022

New York Post

NYC developers eyeing casinos for Hudson Yards, Times Square, Willets Point, Coney Island

New York City developers and gaming operators are putting their chips on the table in a frenzied bid for the right to open local casinos, including in Times Square and Hudson Yards, The Post has learned. Some of the other sites being eyed are Willets Point near the Mets Citi Field ballpark in Queens and Brooklyn's Coney Island, according to sources…

Politics ・ 25 July 2022

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New York Post

Hard Rock, eyeing casino license, put chips behind Hochul

An executive from Seminole Hard Rock casino reportedly sent a brazen "pay to play" email solicitation urging associates to put their chips behind Kathy Hochul's campaign to be elected governor - as the firm makes an aggressive push to win a license to operate a gambling parlor in New York City. "Team, as we prepare for the final stretch of our…

Travel ・ 29 June 2022

Gambling

New York City Casinos Could Be Ready Year From Licensing

Las Vegas-style casinos could be operational in the New York City area in one to five years after being licensed, a state senator says. Sen. Joseph Addabbo, D-Queens, told Gambling.com two area resorts already with slots could offer complete casino games within a year from licensing. Addabbo is chairman of the state Senate Racing, Gaming and…

Land-based ・ 06 June 2022

Review Journal

New York casino licenses spur interest from local companies, Strip operators

Several Las Vegas resort companies are expected to vie for a license to open a casino in or near New York City. When New York Gov. Kathy Hochul and state legislative leaders fast-tracked the licensing of new casinos last week, they revived interest in the state's expansion of casino gambling in one of the most densely populated areas in the…

Gaming Authorities ・ 14 April 2022

Gambling

Las Vegas-Style Casinos OK’d For New York City

Three full casinos are slated for the New York City area under a $220 billion state budget the Legislature approved Saturday. The agreement would place a trio of Las Vegas-style casinos somewhere in New York City's five boroughs, on Long Island or in the lower Hudson Valley. Under a competitive bidding process, companies would pay at least $500…

Gaming Authorities ・ 12 April 2022

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Gambling News

New York Approves Three New Casino Licenses Ahead of Schedule

Legislators in New York green-lighted plans for three new casinos in the state as part of the $220 billion one-year state budget they approved on Saturday that was passed into law on the same day following the signature of Gov. Kathy Hochul. The three casinos are part of the New York Casino Gambling Amendment, Proposal 1 measure voted as part of…

Gaming Authorities ・ 11 April 2022

Trip Pub

N.Y. budget fast-tracks process for licensing downstate casinos

ALBANY - It's a sure bet that New York will soon be home to at least one Las Vegas-style casino. New York's Democrat-controlled Legislature approved a $220 billion state budget on Saturday that will open a competitive bidding process this year for a trio downstate casino licenses. The licenses will go for a minimum of $500 million each and while…

Law ・ 09 April 2022

Crain's New York Business

New York budget deal calls for three NYC-area casinos

The New York City area could get as many as three new casinos as a result of the new budget deal reached by Gov. Kathy Hochul and state legislative leaders on Thursday. The budget still needs to be voted on by the full Legislature. The decision, which was part of the state's overall funding package, moved up the date of a 2013 voter-approved…

Travel ・ 09 April 2022

Gothamist

Lawmakers pushing for local control of NYC casino sites

State lawmakers and Gov. Kathy Hochul appear likely to roll the dice on casinos in the New York City area, but only if local officials get significant say over where they are located, according to key legislators. Democrats in both the Senate and Assembly have signaled they are open to beginning the approval process for the state's three remaining…

Law ・ 31 March 2022

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The New York Times

A Casino Atop Saks? Lobbyists Push for Manhattan Gambling Site

A Monaco-style casino atop Saks Fifth Avenue, across the street from St. Patrick's Cathedral. A gambling den with East River views, alongside a popular wedding venue. A Hard Rock casino in the center of Times Square. In the next several days, as part of state budget negotiations, Gov. Kathy Hochul and legislative leaders may well hash out a deal…

Gambling Sites ・ 30 March 2022

Times Of Casino

Senate Leader Stewart-Cousins Supports MGM Empire City Casino Conversion; NYC Licenses Accelerated

According to the New York Post, Stewart-Cousins (D-Yonkers) stated during a news conference on Tuesday that she would, of course, support her hometown casino, which has already done the work. She further added that she favors Gov. Kathy Hochul's plan to expedite the process of bidding for at least three additional casinos in NYC or the neighboring…

Politics ・ 10 February 2022

Lohud

Gambling giants eye New York City-area casinos. Here's who's interested

Empire City Casino reopensEmpire CityCasino in Yonkers reopened Sept. 21, 2020 after being closed since March due to the coronavirus shutdown. ALBANY - Some of the nation's largest casino operators submitted preliminary details early this month in a bid to win three lucrative gambling licenses in New York City and its suburbs. The request for…

Gaming Authorities ・ 21 December 2021

Gambling

New York Senator Wants Big Apple Casinos Licensed This Year

A New York lawmaker is pushing for full casinos to be licensed in the New York City area this year. Sen. Joseph Addabbo, D-Queens, told Gambling.com he doesn't want the licensing process for three Las Vegas-style casinos in the metropolitan area to "linger." Addabbo is chairman of the state Senate Committee on Racing, Gaming and Wagering. Any delay…

Law ・ 13 January 2023