{"id":287955,"date":"2025-10-09T01:18:19","date_gmt":"2025-10-09T01:18:19","guid":{"rendered":"https:\/\/www.europesays.com\/us\/287955\/"},"modified":"2025-10-09T01:18:19","modified_gmt":"2025-10-09T01:18:19","slug":"state-board-now-considers-casino-applicants","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/287955\/","title":{"rendered":"State board now considers casino applicants"},"content":{"rendered":"<p>The cards are on the table, and now it\u2019s up to a five-member board to decide which proposals will receive one of three downstate casino licenses.<\/p>\n<p>The state\u2019s Gaming Facility Location Board met for the first time on Wednesday to consider the final casino applications for highly lucrative state gaming licenses. It is this board, with expertise in banking, economic development and housing, that will submit final recommendations on who gets a license.<\/p>\n<p>That decision is then ratified by the state Gaming Commission.<\/p>\n<p><b>What You Need To Know<\/b><\/p>\n<ul>\n<li>Applicants for one of three gaming licenses in the downstate region are now before a state board, which will make the final recommendations<\/li>\n<p><\/p>\n<li>The board is composed of five economic development experts<\/li>\n<p><\/p>\n<li>It is expected to make its decision by Dec. 1<\/li>\n<\/ul>\n<p>The deliberations will occur behind closed doors, and the board is not expected to take any more public testimony after months of public hearings on each of the applications.<\/p>\n<p>\u201cOne of the things we have to look at is, \u2018What is the overall financial picture? \u2018What kind of revenue are they going to be bringing into the state based on a dynamic financial analysis of how they are going to interact?\u201d Vicki Been, the board\u2019s chair, said.<\/p>\n<p>Been was a deputy mayor under the de Blasio administration.<\/p>\n<p>She said the board will evaluate each applicant based on strict criteria. The most important factor being how much revenue and economic development the casino would generate.<\/p>\n<p>\u201cHow realistic is their plan for what they are going to construct and how quickly are they going to construct that and be up and running?\u201d she asked.<\/p>\n<p>After a years-long process, only four applicants made it to the final stage.<\/p>\n<p>They include Resorts World in Queens and MGM Empire City in Yonkers, which already operate video slot machines. Bally\u2019s in the Bronx and Metropolitan Park in Queens, pitched by Mets owner Steve Cohen, are also under consideration.<\/p>\n<p>The board has up to three licenses to award.<\/p>\n<p>\u201cWe can award up to three licenses,\u201d Been said. \u201cWe don\u2019t have to award any if we don\u2019t think the applications bring sufficient revenue or are sufficiently well-developed.\u201d<\/p>\n<p>The board is expected to make its decision by Dec. 1.<\/p>\n","protected":false},"excerpt":{"rendered":"The cards are on the table, and now it\u2019s up to a five-member board to decide which proposals&hellip;\n","protected":false},"author":3,"featured_media":287956,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[5229,13565,7448,37851,405,403,67963,50,5226,5225,5228,5227,80,52,67,586,132,5230,68,2969,5284],"class_list":{"0":"post-287955","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-america","9":"tag-app-local-state-politics","10":"tag-app-top-stories","11":"tag-courtney-gross","12":"tag-new-york","13":"tag-new-york-city","14":"tag-new-yorks-big-bet","15":"tag-news","16":"tag-newyork","17":"tag-newyorkcity","18":"tag-ny","19":"tag-nyc","20":"tag-politics","21":"tag-top-stories","22":"tag-united-states","23":"tag-united-states-of-america","24":"tag-unitedstates","25":"tag-unitedstatesofamerica","26":"tag-us","27":"tag-usa","28":"tag-vod"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115341577643812681","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/287955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=287955"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/287955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/287956"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=287955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=287955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=287955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}