Manhattan politicos have squashed Gov. Cuomo’s plan to quick monitor a Las Vegas-style casino within the Big Apple, The Post has realized.
As The Post exclusively reported in March, three large title casinos — Wynn Resorts, Bally’s Corp. and Las Vegas Sands — have been gearing up for a uncommon alternative to compete for a New York City-area casino license as quickly as this 12 months.
But efforts to maneuver the method up by two complete years — to 2021 from 2023 — have collapsed amid robust objections from Manhattan legislators, sources stated.
“I adamantly oppose any casino in Manhattan,” Manhattan Assemblyman Richard Gottfried, who represents the Upper West Side, instructed The Post. “I believe it would be seriously detrimental to the residential and commercial quality of Manhattan.”
State legislators had been working for months to get round Manhattan’s objections, together with by crafting a invoice to present Manhattan officers the fitting to resolve for themselves on any casino license proposals that got here their means.
But, Gov. Andrew Cuomo didn’t like the thought of giving the highly effective island borough particular rights, sources stated, and the measure couldn’t move with out it.
“This got really close. It fell apart in the wee hours of the morning,” the supply stated, referring to the April 6 price range deal.
Gov. Cuomo believed that making an exception for Manhattan would solely open the door to particular requests in different price range negotiations. And he’s in opposition to the thought of house rule, the place a county can circumvent state legal guidelines, the supply stated.
Freeman Klopott, a spokeswoman for the New York State division of the price range, prompt the the invoice could possibly be revived once more this 12 months: “With the influx of federal funding, there was less of an imperative to change the status quo, however we are continuing to work with the Legislature to see if there is a path forward this year.”
But Sen. Joe Addabbo, chair of the Racing and Wagering Committee, instructed The Post, “There’s mere discussion at this point. There’s nothing really going on.”
And casino execs say they’re not holding their breath for a deal this 12 months.
“I think they will be bringing it up again in January,” one casino supply stated.
The most up-to-date effort to push the invoice got here in May after the price range was already handed, sources stated. But it failed and the marketing campaign has come to a whole standstill since, sources added.
The race to carry a chunk of the Las Vegas Strip to the Big Apple kicked off in 2013 with a constitutional modification authorizing seven New York playing casinos. The 4 upstate casinos had been licensed first and a moratorium was positioned on the downstate casinos till 2023.
Efforts to speed up the downstate casino licenses had been seen as a possible repair to the state’s pandemic woes. The state stands to create new jobs and accumulate roughly $1.5 billion in license charges from the measure, sources stated.
Two of the three downstate licenses are anticipated to go straight to gaming properties that already run slot machines within the space: the Resorts World Aqueduct racino in Queens and the MGM Resorts-owned Empire City Casino in Yonkers.
The third license is the one which had Las Vegas and Atlantic City casino chains like Wynn Resorts, Bally’s Corp. and Las Vegas Sands drooling.
Disappointed casino execs now say they haven’t any selection now however to hope that the invoice is revived once more earlier than 2023.