Saturday, June 25, 2022
Saturday, June 25, 2022
More

    The new Sin City? Gov. Kathy Hochul could FAST TRACK approval for three new casinos in NYC-area aimed at wealthy gamblers within days including a ‘Monaco-style gambling den atop Saks Fifth Avenue’
    T

    Your Content is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published.

    Get Your Content. Daily.

    Be the first to know about the biggest stories as they break. Sign up for breaking news email alerts from Your Content.

    New York Gov. Kathy Hochul appears poised to continue to splash the cash on big projects in the Empire State’s budget, with the possibility of three new casino licenses including one catering to the wealthy in the heart of Manhattan, Your Content has learned.

    The governor and Dem leaders are expected to hammer out a deal that could see a casino for high rollers atop the famous shopping location.

    - Advertisement -

    The deal would allow gaming licenses to be rushed through as part of the state’s budget at a price tag of $1billion.

    Currently, only three of the state’s 25 casinos are ‘downstate’ one in Queens, one in Yonkers and a third on Long Island.

    The betting companies have spent about $300,000 a month to try and bring the casinos to Manhattan.

    The Hotel and Gaming Trades Council, who endorsed Hochul’s re-election bid, are also lobbying hard.

    - Advertisement -

    The union has given over $880,000 in campaign contributions to Democrats in Albany since 2020.

    Eric Adams’ chief of staff Frank Carone recently met with Robert Goldstein, the CEO of Las Vegas Sands.

    Adams wants at least two of the three licenses to go to New York City ,‘according to New York Post.

    Your Content for the latest updates. Have a story or news tip? Contact our 24/7 newsroom at 833.336.8013 or e-mail our tip line: [email protected]

    - Advertisement -