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New York state nears downstate casino decisions as Mamdani questions expansion

Licences & markets

New York state is expected to issue final approvals for downstate casino bids by the end of 2025, before mayor-elect Zohran Mamdani takes office on 1 January 2026. Mamdani has said he is generally opposed to the casino plan, but acknowledged that the state controls the licensing process; city officials appoint one member to each bid’s six-member Community Advisory Committee.

Operators must secure state approval and a two-thirds vote from the relevant Community Advisory Committee to advance.

Earlier licence decisions by NYSGC

DateCompanyAmountStoryAppeal status
Resorts World New York City, GentingUSD 2,500,000,000Resorts World New York City pledges $2.5bn to MTA ahead of casino decisionNot stated
Bally’sNot statedNew York casino board reviews three downstate licence applicationsNot stated
Caesars Entertainment, Resorts WorldNot statedNew York casino bidders enlist celebrities as three downstate licences near decisionNot stated
Caesars Entertainment, SL Green RealtyNot statedNew York gaming commission receives eight bids for up to three casino licencesNot stated
MGM ResortsUSD 2,300,000,000MGM Yonkers applies for New York commercial casino licenceNot stated

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