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They’re looking to build a $4 billion casino hotel smack in the middle of Times Square, including 250,000 feet of casino spread across eight floors, along with a 950-room hotel. New York Mets owner Steve Cohen, in partnership with Hard Rock, wants to build an $8 billion casino, hotel, and live music venue in the shadow of Citi Field. The second racino, this one located at Yonkers, is owned by MGM. Empire City is floating a $2.2 billion project, with a 5,000-seat arena, new dining options, and a 9,000 square-foot sportsbook. While there is some minor opposition to building out the property, it probably won’t matter.
Other ‘no’ votes like Krueger, take issue with building more casinos straight up. None of the bill’s proponents spoke in support of the measure on the Senate floor. The state is anticipating $500 million from each of three new casino licenses it plans to dole out by the end of the year www.ohjoycasino.com, including potentially to Cohen. Hochul has publicly refrained from weighing in for or against Cohen’s or other ongoing casino proposals, so it’s unclear if or when she may be motivated to act on the measure.
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