Live tables at resorts worlds casino nyc11/21/2023 More than 90 companies and firms - including top spender Genting New York, the owner of Resorts World Casino in Queens - spent more than $9 million total lobbying the state and city governments on gambling-related issues through August 2022, according to records from the state Commission on Ethics and Lobbying in Government.Licenses for full-scale casinos allow live table games with dealers, attracting a larger clientele.īut even before the bidding process officially begins, it’s already been a financial boon to two classes of New Yorkers: politicians and lobbyists.Ī review by Gothamist shows major casino companies and real estate tycoons have upped their spending on lobbying and political contributions in 2022 as New York gets ready to solicit proposals for the three remaining casino licenses, which are on track to be awarded next year. Regardless of whether the casinos are profitable, there will be a windfall to the state: Each coveted license, by law, will fetch at least $500 million in fees, not to mention the tax revenue - at least 25% on slots and 10% on table games - that will follow once the facilities are up and running. New York state will soon open up bidding for licenses to operate three full-gaming casinos in the five boroughs and the surrounding area - an untapped market the giants of the gambling industry have long had in their sights.
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