New York casino licenses near decision as Gaming Commission meets today
Summary
The New York State Gaming Commission is scheduled to meet on December 15th to consider awarding up to three casino licenses. The remaining applicants are Bally’s Bronx, Hard Rock Metropolitan Park at Willets Point, and Resorts World New York City in Queens. The commission has completed background investigations and will apply its licensing criteria to ensure integrity and fiscal responsibility. The proposed projects include Resorts World’s $5.5 billion casino in Queens, Bally’s Bronx’s $4 billion facility, and the $8 billion Metropolitan Park project near Citi Field. Several other proposals were previously rejected or withdrawn, requiring a minimum investment of $1 billion to be considered. An announcement regarding the decision is expected at the meeting.
(Source:Readwrite)