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New York board reviews four downstate casino bids for three licences

Licences & markets

New York’s Gaming Facility Location Board met on 8 October to assess four applications for downstate casino licences. The board must recommend by 1 December which projects, if any, should receive state approval; the Gaming Commission would make the final decision. Applicants must submit supporting material, including proposed tax rates, by 14 October.

The review will determine which applicants advance for the three available downstate casino licences.

Earlier licence decisions by NYSGC

DateCompanyAmountStoryAppeal status
Hard Rock, Bally’sNot statedNew York advisory committee endorses Metropolitan Park casino proposalNot stated
Hard RockUSD 8,000,000,000Metropolitan Park advances as fourth New York downstate casino finalistNot stated
Bally’s, Thor EquitiesNot statedBally’s Bronx casino bid advances after community committee approvalNot stated
Bally’sUSD 4,000,000,000New York committee advances Bally’s $4 billion Bronx casino proposalNot stated
Resorts World, MGM ResortsNot statedNew York advisory committees approve Resorts World and Empire City casino bidsNot stated

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Eight developers are seeking three downstate New York casino licences, with several bids drawing support from public figures. Jay-Z and Rev. Al Sharpton back Caesars Palace Times Square, while Nas supports Resorts World New York City in Queens; the developers have until 30 September to secure required entitlements and zoning approvals, and the location board is scheduled to select three winners by 1 December.

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