New York's Casino Bet: Will Queens and the Bronx See Prosperity or Face Social Challenges?
New York City Moves Closer to Becoming a Casino Destination
New York City is making significant progress toward establishing itself as a center for casino gaming. On December 1, the state’s Gaming Facility Location Board unanimously gave the green light to three major casino proposals in Queens and the Bronx. This approval paves the way for Steve Cohen’s Metropolitan Park, Genting’s Resorts World, and Bally’s to compete for licenses to develop expansive entertainment complexes—an important milestone in the city’s decade-long push to expand gaming opportunities in the downstate area.
These projects are anticipated to generate over $7 billion in gaming tax revenue and create 23,000 union jobs. The final decision now rests with the state Gaming Commission, which is expected to make its ruling by the end of the year.
Details of the Approved Casino Projects
The board’s decision followed a thorough review of economic, fiscal, and community impacts. Board chair Vicki Been expressed confidence in the strength of the New York market to support all three casinos. The approved ventures include:
- An $8 billion partnership between Steve Cohen and Hard Rock International near Citi Field in Queens
- Resorts World’s $5.5 billion expansion of its South Ozone Park racino
- Bally’s $4 billion plan for a site in the Bronx, which involves redeveloping a former Trump Organization golf course
Bally’s has agreed to pay $115 million to Trump’s company if it secures a license, a detail that has attracted public scrutiny.
Economic Impact and Community Benefits
Financial forecasts highlight the state’s incentives: the three casino projects are projected to bring in $1.5 billion in licensing fees, $7 billion in gaming taxes between 2027 and 2036, and an additional $5.9 billion in non-gaming taxes from sources such as hotel stays and sales. These funds will be divided between the Metropolitan Transportation Authority and the Department of Education, supporting key infrastructure and public service initiatives.
Both Queens-based proposals emphasize benefits for the local community, including new public parks, workforce training, and investments in public transportation. Resorts World, which already operates slot machines, aims to introduce table games as early as 2026. Meanwhile, Metropolitan Park plans to feature a 25-acre park and a 5,600-seat entertainment venue.
Community Response and Concerns
The board’s approvals have sparked controversy and protest. Opponents, particularly from Queens’ Asian American communities, argue that casinos could exploit vulnerable groups. Jack Hu, a leading anti-casino activist, accused operators of targeting seniors for profit, while others raised concerns about the risk of gambling addiction. In response, board members emphasized that all applicants were required to present plans for addressing problem gambling, and that final license agreements will mandate funding for intervention programs.
Support and Future Prospects
Supporters, including Queens Borough President Donovan Richards, praised the decision as a turning point for the local economy. Richards described the move as positioning Queens as a global entertainment destination, with the potential to rival Manhattan in terms of jobs, tourism, and cultural attractions. The Queens Chamber of Commerce and other local advocates echoed this optimism, highlighting the projects’ potential to revitalize underserved neighborhoods and provide lasting employment opportunities.
Next Steps for Casino Development
The future of these projects depends on the Gaming Commission’s review, which officials stress will be thorough rather than automatic. The commission will evaluate compliance with environmental and operational standards before granting licenses, with a decision expected by December 31. If approved, the casinos are set to transform New York’s entertainment scene, with Resorts World and Metropolitan Park aiming to open by 2030 and Bally’s following soon after.
