After years of debate and discussion, the highly anticipated timeline for downstate casino applications is now in the hands of New York Governor Kathy Hochul. With the state poised to potentially add up to three new casinos in the New York City metropolitan area, Gov. Hochul’s decision on when to open the application process will have significant implications for both the state’s gaming industry and the surrounding communities.
The push for downstate casinos gained momentum in 2020 when a constitutional amendment was approved, clearing the way for the expansion of gambling beyond the existing upstate establishments. Since then, various stakeholders, including casino operators, local officials, and community groups, have been eagerly awaiting the next steps in the process. Now, with the ball firmly in Gov. Hochul’s court, all eyes are on Albany to see how the timeline will unfold.
One of the key factors at play is the economic impact of the new casinos. Proponents argue that the addition of downstate casinos will generate much-needed revenue for the state and create thousands of jobs in construction, hospitality, and other related industries. They point to the success of upstate casinos, such as Resorts World Catskills and del Lago Resort & Casino, as evidence of the potential economic benefits that could come with expanding gaming in the New York City area.
On the other hand, opponents raise concerns about the social costs of gambling, including potential addiction and crime. They argue that the negative impacts of casinos, such as increased traffic and strain on public services, may outweigh any economic benefits. Additionally, some worry that the presence of casinos in densely populated areas like New York City could exacerbate existing social issues and harm vulnerable communities.
As Gov. Hochul contemplates the timeline for downstate casino applications, she must weigh these competing interests and consider the potential consequences of her decision. While there is no shortage of opinions on the matter, the ultimate choice rests with the governor and her administration.
In the coming weeks, stakeholders across the state will be eagerly awaiting Gov. Hochul’s announcement on the timeline for downstate casino applications. Whatever the decision may be, it is clear that the future of gaming in New York is at a critical juncture, and the outcome will have far-reaching implications for the state and its residents.