New York Backs 3 New Casinos
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3 surviving NYC casino proposals are in Bronx, Queens
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The New York State Gaming Commission approved casino licenses for Resorts World New York City (OTCPK:GEBHF), Bally's (BALY) Bronx project, and the Metropolitan Park casino led by Steve Cohen and Hard Rock International.
The state Gaming Facility Location Board on Monday will vote to award up three coveted casino licenses for the downstate New York area.
The nonprofit Bronx Community Foundation, which raises and distributes funding to organizations serving the borough, recently announced the hiring of a new
If licensed, Bally’s will have to pay $115 million to the Trump Organization, the president’s company, as part of what Bally’s described to The New York Times as a “deferred purchase price mechanism.” Bally’s purchased the lease for the golf course that will be part of the casino complex from the Trump Organization in 2023.