Tuesday, February 7, 2023
GoldscopeFeed
Advertisement
  • World
  • Business
  • Entertainment
  • Technology
  • Lifestyle
  • Sports
  • Finance
  • Trending
No Result
View All Result
GoldscopeFeed
  • World
  • Business
  • Entertainment
  • Technology
  • Lifestyle
  • Sports
  • Finance
  • Trending
No Result
View All Result
GoldscopeFeed
No Result
View All Result
Home Entertainment

A proposal to open a casino in New York City has emerged during state budget talks

by GFeed News Desk
April 7, 2021
0
A proposal to open a casino in New York City has emerged during state budget talks

In 11th-hour talks between Gov. Andrew Cuomo and legislative leaders to finalize the delayed state budget, sources told The Post Monday night that a proposal to open a new casino in Manhattan or another part of New York City hu has surfaced.

Legislative sources said Cuomo was behind a plan in New York City that included the establishment of a “cultural advisory board” to help determine where a casino could be constructed, probably in Manhattan.

Opponents say it’s a crapshoot.

“Cuomo is like a mad scientist in his lab drafting language for a new casino. Legislators in the Senate and Assembly are rejecting budget language giving the governor the authority to locate a casino in Manhattan,” said a city lawmaker who requested anonymity.

However, the state senator who chairs the committee in charge of gambling concerns reported that a downstate casino license is on the table.

“It’s being discussed. It’s part of budget negotiations,” said Sen. Joseph Addabbo (D-Queens). State leaders were also finalizing a separate deal to legalize app-based, mobile sports betting.

Beginning in 2023, as many as three casinos will be approved in the downstate area, which includes the city, the lower Hudson Valley, and Long Island, according to current law. As part of his executive budget proposal in January, Cuomo addressed putting out feelers for preliminary interest from casinos.

Cuomo and lawmakers are now discussing speeding up the process for submitting formal request requests and licensing a casino or casinos as part of the 2021-2022 budget in order to raise revenue. According to Addabbo, a casino license could bring in up to $500 million for the state’s coffers.

“There’s a lot of opposition to opening a casino in Manhattan,” he said.

The Post obtained language of a bill that talks about “siting a gaming facility within the City of New York.”

The bill will create a neighborhood advisory board to review casino applications in New York City.

The governor, senate majority leader, and assembly speaker will each name five members to the advisory board.

The board’s 15 appointees will appoint the remaining five members.

“Such advisory board shall have representatives of the area where the facility is to be located and any other impacted areas, which shall include but not be limited to: representatives of city government, community boards, the borough president, the city council, the mayor’s office and community stakeholders, as appropriate,” the bill draft states.

Members of the advisory board would not be paid, but would be reimbursed for their expenditures. Local elected officials will be allowed to serve on the casino siting committee.

Three major casino companies are salivating over a once-in-a-lifetime chance to bring a slice of the Las Vegas Strip to New York, according to a story in the New York Post last month.

Wynn Resorts, Bally’s Corporation, and Las Vegas Sands have all been positioning themselves to bid for a casino license in the New York City area.

According to reports, the activities have included speaking with potential developer partners and wooing local officials for help.

The drive came before President Biden and Congress poured $12.6 billion into New York State coffers, reducing the need to rely on casino income to balance the budget.

But Addabbo said, “The federal money doesn’t last. We needed the revenue.”

Cuomo and lawmakers also plan to slap a $4 billion tax hike on high-income taxpayers and businesses.

Willets Point in Queens, where new Mets owner Steve Cohen leases the Citi Field ballpark and adjacent parking lots; the Belmont Park development in Long Island, which already has the Belmont Park racetrack and the Islanders stadium; and Staten Island’s St. George neighborhood, which is home to both the Staten Island Ferry and the Empire Ounce.

The Aqueduct and Yonkers racetracks’ gambling parlors can also apply to become full-fledged casinos with live table games. The “racinos” now only sell electronic slot machines that have been approved by the state Lottery Division of the Gaming Commission.

Cuomo’s office did not respond to a request for comment right away.

Tweet147
Previous Post

Biden is set to announce that the deadline for all US adults to be registered for the Covid vaccine is April 19

Next Post

Mark Elliott, a well-known Disney trailer voiceover artist, has died at the age of 81

GFeed News Desk

https://goldcopefeed.com/

Related Posts

Selena Gomez Launches ‘Your Words Matter’ Mental Health Campaign With Rare Beauty

On Friends, Tom Selleck, who plays Richard, talks about his experience

by GF Entertainment Desk
May 2, 2022
0

When he was a guest star on the popular sitcom "Friends," actor Tom Selleck revealed that he was "scared to...

Selena Gomez Launches ‘Your Words Matter’ Mental Health Campaign With Rare Beauty

Selena Gomez Launches ‘Your Words Matter’ Mental Health Campaign With Rare Beauty

by GF Entertainment Desk
May 2, 2022
0

Selena Gomez is launching a new ad emphasising the significance of language in honour of Mental Health Awareness Month.On Sunday,...

Everything you need to know about Borgen Season 4

Angelina Jolie went to Ukraine, to meet children and volunteers

by GF Entertainment Desk
May 2, 2022
0

Angelina Jolie was pictured greeting children and volunteers during Ukraine's battle with Russia. The conflict between Russia and Ukraine has...

Everything you need to know about Borgen Season 4

First look of P-Valley Season 2 has been revealed

by GF Entertainment Desk
May 2, 2022
0

The show's creator, Katori Hall, gives a behind-the-scenes look at how the Starz stripper drama will handle the epidemic —...

Everything you need to know about Borgen Season 4

With only 5 days till the screening of Doctor Strange 2, Marvel has released a teaser

by GF Entertainment Desk
May 2, 2022
0

There are only 5 days till the release of Doctor Strange in Multiverse of Madness, and Marvel fans have been...

Please login to join discussion

Recommended

Channing Tatum and Zoe Kravitz’s zodiac signs equal to perfect compatibility

Channing Tatum and Zoe Kravitz’s zodiac signs equal to perfect compatibility

April 10, 2022
Emma Raducanu vows to ‘come back stronger’ after dream run at Wimbledon ends

Emma Raducanu vows to ‘come back stronger’ after dream run at Wimbledon ends

July 6, 2021

Categories

  • Business
  • Entertainment
  • Fashion
  • Finance
  • Food
  • Health
  • Lifestyle
  • Sports
  • tech
  • Technology
  • Travel
  • Travel
  • Trending
  • Uncategorized
  • US
  • World

Don't miss it

Selena Gomez Launches ‘Your Words Matter’ Mental Health Campaign With Rare Beauty
Entertainment

On Friends, Tom Selleck, who plays Richard, talks about his experience

May 2, 2022
Selena Gomez Launches ‘Your Words Matter’ Mental Health Campaign With Rare Beauty
Entertainment

Selena Gomez Launches ‘Your Words Matter’ Mental Health Campaign With Rare Beauty

May 2, 2022
Everything you need to know about Borgen Season 4
Entertainment

Angelina Jolie went to Ukraine, to meet children and volunteers

May 2, 2022
Everything you need to know about Borgen Season 4
Entertainment

First look of P-Valley Season 2 has been revealed

May 2, 2022
Everything you need to know about Borgen Season 4
Entertainment

With only 5 days till the screening of Doctor Strange 2, Marvel has released a teaser

May 2, 2022
Everything you need to know about Borgen Season 4
Entertainment

Everything you need to know about Borgen Season 4

May 2, 2022
  • About
  • Contact
  • Cookie Policy
  • Editorial Policy
  • Privacy Policy

© GoldscopeFeed 2020-21, All Rights Reserved.

No Result
View All Result
  • About
  • Cookie Policy
  • Privacy Policy
  • Contact

© GoldscopeFeed 2020-21, All Rights Reserved.