The Original York Negate Gaming Facility Place Board Thursday (27 June) authorized a brand new 27 June 2025 impart deadline for 3 downstate casinos. The board did so even supposing there is a bill with a 31 August 2024 deadline in it looking ahead to Governor Kathy Hochul’s signature.
Original York laws enables for 3 downstate casinos — brick-and-mortar facilities at commercial locations in and around Original York City. There are at the moment 11 bidders drawn to striking casinos one day of the gap from Times Square to Brooklyn. Bidders are offering up accommodations, housing devices, and neighborhood enhancements as they foyer for red meat up.
Senator Joe Addabbo’s bill (S9673A) handed throughout the Dwelling and Senate in early June, however Hochul has no longer signed it.
If authorized, the laws would require bidders to put up proposals by the discontinuance of the summer. Facility space board contributors acknowledged they conception the timeline was as soon as too tight. It doesn’t appear getting the bids early would impression the goal of issuing licences by the discontinuance of 2025.
August 2024 deadline unreasonable
At Thursday’s meeting, board contributors acknowledged that they had been you opt that is in warfare with S9673A. On legend of bids can no longer be reviewed except all “entitlements and zoning” are authorized, the board views the present deadline as unreasonable.
Board chair Vicki Been acknowledged in regards to pushing out the downstate casinos impart deadline, “the hope would be that our reasoning will likely be marvelous to the governor.” Reading between traces, the message is this: politicians would possibly maybe decide a sooner deadline, however that is likely to be impractical.
Bidders must beget zoning changes in space, in addition to beget environmental impression reports done before bids would be reviewed. In on the very least two instances — the Bally’s Bronx proposal and Steve Cohen’s Queens proposal — the web sites desires to be rezoned to enable casinos. The web sites are at the moment designated as parkland. Both had been pushing local and insist boards for the rezoning, however neither insist designation has been modified yet.
Board member Stuart Rabinowitz acknowledged that would possibly maybe beget to Hochul value the bill, a brand new laws would usurp the skill space board’s decision.
Checklist of downstate casino proposals at the moment at 11
To this point the checklist of proposals for the casino licenses contains both commercial and tribal operators. The proposals and their developers and operators embrace:
- Mission title: Avenir; Developer: Silverstein Properties; Casino Operator: Greenwood Gaming; Borough: Manhattan
- Mission title: Bally’s Links at Ferry Level; Developer and Casino Operator: Bally’s Corporation; Borough: The Bronx
- Mission title: Caesars Palace Times Square; Builders: Caesars Entertainment, SL Green, Roc Nation; Casino Operator: Caesars Entertainment; Borough: Manhattan
- Mission title: The Coney; Builders: Thor Equities, Legends Entertainment, the Chickasaw Nation, Saratoga Casino Holdings; Casino Operator: Saratoga Casino Holdings; Borough: Brooklyn
- Mission title: Freedom Plaza; Developer: Soloviev Team; Casino Operator: Mohegan Gaming; Borough: Manhattan
- Mission title: Metropolitan Park; Developer: Steven Cohen; Casino Operator: Worthy Rock World; Borough: Queens
- Mission title: MGM Empire City; Developer and Casino Operator: MGM Resorts World; City: Yonkers
- Mission title: Resorts World Original York City; Developer and Casino Operator: Genting Team; Borough: Queens
- Mission title: Sands Original York; Developer and Casino Operator: Las Vegas Sands; Borough: Long Island, Nassau County
- Mission title: Saks Fifth Avenue; Developer: Hudson’s Bay Firm; Casino Operator: To Be Determined; Borough: Manhattan
- Mission title: Wynn Original York City; Builders: Connected Companies, Oxford Properties Team; Casino Operator: Wynn Resorts; Borough: Manhattan
