But those locations only operate video lottery terminal machines, similar to slots. There are already several casinos in the downstate region - including Resorts World in Queens and Empire City Casino in Yonkers. The winners will likely make billions of dollars - there is a lot at stake.Ī study commissioned by state gaming authorities in 2021 found potential gaming revenue in New York City could reach more than $5.3 billion annually - a lucrative opportunity not to be missed. That will officially trigger what is proving to be the biggest competition the gaming and real estate industry has seen in decades outside of Las Vegas, where these companies will be judged on job creation, economic development and community support. Some of the biggest casino companies and real estate developers in the country are now vying for up to three casino licenses for the downstate region that could be awarded by the state gaming commission in the coming months.Īlready, about 11 projects have been floated and are expected to put in applications with state gaming authorities sometime this summer. This is a high-stakes game that’s been playing out behind the scenes for years: the competition to bring full-fledged casinos to New York City and its suburbs. If you put too many casinos, if you build too many, it gets watered down.” “And they’re thinking about putting one in Citi Field where the Mets play. “Supposedly, they’re thinking about putting one in Coney Island,” he said. It gives him something to do.īut DiLeonardo may soon get a few more options. He lives nearby, so Resorts World is convenient. The contest is attracting some of the biggest names in gaming and real estate in the countryĪ retired court officer who was on the courthouse steps during the 9/11 attacks, he now spends his days playing video poker or roulette.At least 11 proposals have emerged recently.Earlier this year, the state kicked off a massive competition to award three casino licenses in the downstate region.

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