Addabbo praises start of downstate casino license process, calls for transparency and economic focus
The Southeast Queens hub opened in 2011 and would expand as part of its $5.5 billion proposal to add table https://election.onlinekhabar.com/2025/05/01/7286/ games such as blackjack and poker, over 1,000 new hotel rooms, a 7,000-seat performance venue and more than 10 acres of public greenspace. The development team has also announced plans to build up to 50,000 new units of workforce housing across the city over 20 years if selected. The team behind The Coney is hoping to build on the area’s storied history as an entertainment area to win approval of its $3.4 billion plan, first announced in November 2022. The 1.4-million-square-foot complex along the iconic Boardwalk would include a casino, restaurants, a 500-room hotel, a 2,400-seat theater, 92,000 square feet of convention space and over an acre of public open space. But the developers’ pitch to transform Coney Island into a year-round destination has done little to assuage resistance from locals.
Resorts World New York City
“The selection of licensees must be conducted with absolute integrity, because we need credible operators who will maintain responsible business practices, generate positive https://www.enaturoil.com/best-online-casinos-in-the-uk-2025/ economic growth and be mindful of the pitfalls that exist with gambling,” Addabbo said. Hip-hop legend Nas, who came up in the Queensbridge Houses, has teamed up with Resorts World to support the new potential opportunities. He produced and narrated the newly released video “It’s About Time.” The presentation follows him through the current facility as he reflects on its legacy and envisions its future.
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The new casino will replace Jokers Wild and eventually will have an attached hotel once the Cadence community in Henderson is built to its 12,000-home capacity. — In Yonkers, MGM Resorts International, which introduced slot-machine-style gaming in 2006 with its Empire City Casino next to the racetrack there, also is aiming for a full gaming license with a $3 billion expansion plan that would offer live table bets. Like Cohen, Bally’s bid requires Albany’s legislative approval to repurpose parkland for commercial use. Sources said Jay-Z was in the capital to discuss the glittering casino plan for 1515 Broadway, in partnership with SL Green and Caesars as well as his entertainment company, Roc Nation. Ted Pappageorge, the union’s secretary-treasurer, said the company’s latest proposal amounted to an estimated $0.30 more annually https://www.sciencedirect.com/science/article/pii/S0747563212002555 to wages over five years after deducting additional money union workers would have to contribute to their benefits.
Hundreds of hospitality workers are on strike at a casino near the Las Vegas Strip
- Some companies have also offered hundreds of millions of dollars in community investments as they attempt to attract local support.
- "While we pause for the incredible transformation of this iconic property, I’d like to thank all team members at The Mirage for their incredible commitment and helping us provide memorable experiences for our guests," said Joe Lupo, president of The Mirage.
- The strike comes a year after casinos up and down the Strip narrowly avoided tens of thousands of hospitality workers walking off the job on the weekend the city was set to host its first Formula One race on the famous boulevard.
- That is now down to less than 100 new migrants in the week that ended June 22, according to Adams’ office.
Hudson Yards West — whose partnership also includes the Oxford Properties Group — would provide 35,000 union construction jobs and 5,000 permanent careers in the resort, planners claim. The state Gaming Commission will award up to three casino licenses and collect a $500 million license fee from each recipient by Dec. 31 after review of bids by the state Gaming Facility Location Board. Community advisory councils will then have to vote on any bids located in their jurisdiction by Sept. 30. Reps on these committees include the mayor and the local borough president, state Senators, Assembly members and City Council member. — Genting, the owner of the Resorts World World slots parlor at Aqueduct race track that opened in 2011, has proposed a $5 billion plan to expand its current operations and also offer live table games such as black jack and crap, as well as a 7,000 seat concert venue. — The Steve Cohen-Hard Rock ‘proposed $8 billion casino next to Citi Fields bid requires the legislature to approve a state law to repurpose the lots around Citi Field from parkland to commercial use to building a betting facility.
Political support is key
Cotai Strip Biggest casinos in the world + newest casinos in Macau; Cotai Strip threatens mainland Macau for top gambling destination. In a statement, Brannan told Brooklyn Paper it was “not up to me alone” to determine whether there was enough support for the casino. The New York City Council on Monday approved a rezoning that would allow the proposed Coney Island casino to build a massive facility in the People’s Playground.
Only if the local commission approves the proposal with a two-thirds majority vote will the application advance to the state Gaming Facility Location Board. The pet project of billionaire Mets owner Steve Cohen is one of the buzziest contenders — not least because he spent more on lobbying than any other city client last year. The $8 billion plan would transform 50 acres of parking around Citi Field into a massive resort and gaming complex with some 25 acres of public park space, a 2,300-room hotel, a live music venue and food market, plus develop 450 units of affordable housing in Corona. Unlike a number of its competitors, Metropolitan Park has a significant amount of local backing and has already passed major city and state hurdles. The surrounding area is in the midst of a transformation due to the redevelopment of Willets Point and construction of the city’s first-ever soccer stadium. Major developers and gaming companies are hoping to win one of three licenses which will be issued by the state later this year.
Some developers have added housing to their plans or whipped up creative ways to ply the surrounding community, hoping such commitments will sweeten the pot. Metropolitan Park, which would build a casino near Citi Field, overcame opposition from local state Sen. Jessica Ramos (D-13) when legislation rezoning public land to allow commercial development overwhelmingly passed the state legislature in May, a major hurdle. Metropolitan Park has promised the community a 25-acre public park, new shops and restaurants and a full-scale redevelopment of the Mets-Willets Point subway station. The Coney, a proposal for a Coney Island casino, similarly pledged a $200 community trust — managed by local stakeholders — as well as promising community revitalization with hotel space, restaurants, public open space and a convention center.
The commissions must hold their final votes by Sept. 30 by which point the casinos must have completed all land use, zoning and environmental reviews. Approved projects then submitted supplemental materials, including a proposed tax rate, along with their initial application to the Gaming Facility Location Board (GFLB) for consideration, which will make its decision by Dec. 1. The casino would be underground with a park on top, which has been attractive to many city officials and makes it another favorite to win. However, the local residents and community board have voiced opposition to the project, including in a 2023 Murray Hill Association survey. The Avenir recently announced plans to partner with Hyatt for its luxury hotel and offers to build 100 permanently affordable apartments as part of the development.
Empire City Casino
The state is considering awarding up to three casino licenses in the downstate region, including New York City, Long Island and northern suburbs. The winning bidders would have to pay at least a $500 million license fee for the privilege to run a casino. “After careful consideration, we have decided not to lodge an application for a gaming license in New York City,” Wynn Resorts said in a statement that came the same day rap star Jay-Z was in Albany lobbying state lawmakers over a rival casino proposal in Times Square. The team behind The Coney say it would create 4,000 union construction jobs, 4,500 permanent jobs, and a $200 million “Community Trust” to fund local projects, plus a separate $15 million annual fund to support local emergency services.
The property replacing the Mirage will feature a nearly 700 foot guitar-shaped hotel that will soar over the center of the Strip, according to Hard Rock. The Avenir’s proposed location is only ten blocks north of the failed Hudson Yards West project, which was killed by fierce opposition from residents and officials. And many of these projects are pitching millions of dollars in funding to their local communities — of course in the hopes of winning over their support. “In order for the jobs to stay in Manhattan and the tourists to be able to visit in Manhattan and generate the tax revenue, the city, the state and the MTA desperately need. It makes sense to have one of them here,” Dara McQuillan, chief marketing officer at Silverstein Properties, said. In Manhattan, Silverstein Properties is hoping to transform this empty lot on 11th avenue into a massive hotel and casino, with bars and restaurants, called the Avenir.