New York Receives 30 Responses for Downstate Casinos RFI

Posted on: December 19, 2021, 12:05h. 

Last current on: December 19, 2021, 04:29h.

The New York Point out Gaming Commission acquired 30 responses for the request for details (RFI) solicitation it issued regarding the 3 downstate casino licenses it can award.

Empire City Press Conference
Westchester County Executive George Latimer speaks through a Nov. 17 rally at Empire Metropolis On line casino in Yonkers, NY. Latimer wrote to the New York State Gaming Fee, urging it to give Empire Metropolis, which at present only gives electronic online games, a complete on line casino license. (Graphic: Jelena Gerga)

The submitters include eight casino operators, but hyperlinks to the responses from most of them are nearly solely blacked out. The submissions came from MGM Resorts Intercontinental, Okada Manila Global, Las Vegas Sands Corp., Wynn Resorts, Rush Street Gaming, Genting New York LLC, Tough Rock Intercontinental, and Bally’s Corp.

“Most redactions mirror requested positions of the submitter about materials exempted from community disclosure,” the Gaming Commission’s statement read. “The Commission has not verified that any of all those redactions are dependable with the New York Liberty of Facts Legislation.”

MGM Resorts operates the Empire Metropolis Casino at Yonkers Raceway, just north of New York City. Genting operates Resorts Entire world New York Metropolis, which is positioned at Aqueduct Racetrack in Queens. Other submissions arrived from the Suffolk Regional Off-Keep track of Betting Corp., which operates Jake’s 58 On line casino in Islandia. Those a few facilities give online video lottery terminals (VLT) and digital versions of table game titles.

By contrast, full-fledged casinos present slot equipment, which work somewhat differently than VLTs, and dwell desk games. In New York, entire casinos are also authorized to run retail sportsbooks.

Force to Move Ahead on Casino Licenses

New York’s three unissued downstate casino licenses are the previous remaining available industrial casino licenses in the point out. Voters in 2013 passed a constitutional modification legalizing professional casinos, with up to 7 across the condition.

The upstate area acquired 4 licenses and a 7-calendar year head start off just before the condition would award the downstate licenses. That seven-12 months period is set to finish in 2023. Nonetheless, crucial state lawmakers want to expedite the procedure to enable the state hasten its recovery from the COVID-19 pandemic.

The RFI is an casual solicitation that will not guide to any awards. It originated out of the funds the legislature passed in April. The Gaming Commission has indicated that the submissions will be used to guidebook lawmakers and point out officers on the perfect measurement of the casinos, the analysis method for license applications, and the proper value for the licenses.

Senate Racing, Gaming, and Wagering Committee Chairman Joseph Addabbo, D-Queens, has approximated the three licenses could crank out about $2 billion in funding for the state.

Communities Want Preference for MGM, Resorts Entire world

Both of those he and Assembly Racing and Wagering Chairman Gary Pretlow, D-Mount Vernon, favor a strategy to give Empire City and Resorts Environment total casino licenses. They’re not alone. Other elected officials and business and labor stakeholders submitted remarks to the Gaming Fee endorsing all those proposals as nicely.

The New Bronx Chamber of Commerce despatched a letter supporting the system to elevate Empire City. The Yonkers facility sits about a mile north of the New York Town borough, and Chamber President Lisa Sorin famous that just about 30 % of Empire City’s workers live in The Bronx.

“The enlargement of its operations will produce added possibilities for position generation benefiting Bronxites,” she reported.

Westchester County Govt George Latimer added that changing Empire City into a comprehensive on line casino would build 2,500 new immediate careers. For case in point, that includes “six new union jobs” for each digital activity replaced by a stay desk recreation. It also would deliver far more than 7,500 oblique careers.

The COVID-19 pandemic may perhaps not be above, but the State of New York wants to begin utilizing guidelines that will enable secure the economic viability of small business in a put up-pandemic entire world. Developing a pathway to a entire casino license at Empire Metropolis will do just that,” Latimer reported.

New York Metropolis Council Member Adrienne Adams wrote in assistance of Genting’s Resort Globe, which operates in her district. She explained Genting has invested hundreds of millions into the local community, and has helped spur economic development in the spot.

The Resort and Gaming Trades Council, AFL-CIO also supports supplying Empire Town and Resorts Entire world whole licenses. The union represents workers at each casinos.

“Primarily, pace to current market should be a priority for the condition, as current facilities will outcome in in close proximity to-rapid task creation and tax revenues,” the union wrote in its response.

Rush Road Seeks “Level Enjoying Field”

The Gaming Fee did not redact Rush Street Gaming’s response. In it, the Chicago-based firm, which operates Rivers Schenectady in upstate New York, urged point out officials to established up a ask for for proposal procedure that gives details on specific needs and lays out how the state will consider each proposal.

The organization also is pushing for open competition on all licenses.

“It is important that there be a stage enjoying area for all opportunity applicants inside of the course of action, generating an impartial procedure and incorporating group enter and assessment of present-day operations,” Rush Street’s reaction mentioned,