In a surprising turn of events, it seems that New York Governor Kathy Hochul is remaining steadfast in her decision to not expedite the opening of downstate casinos in the state, despite growing pressure from various stakeholders in the gambling industry. This decision has left many wondering about the potential implications for the state’s economy and the future of the gambling industry in New York.
Governor Hochul, who took office earlier this year following the resignation of former Governor Andrew Cuomo, has been facing increasing pressure from lawmakers, industry insiders, and other interested parties to speed up the process of opening downstate casinos. Currently, there are seven casinos in upstate New York, but no casinos in the downstate area, which includes New York City, Long Island, and the surrounding areas.
The push to expedite the opening of downstate casinos comes as the state looks to recover from the economic impacts of the COVID-19 pandemic. The gambling industry is seen as a key player in the state’s economic recovery, with the potential to generate significant tax revenue and create jobs. However, Governor Hochul has remained hesitant to rush the process, citing concerns about the potential negative effects of expanding gambling in the state.
In a recent statement, Governor Hochul reiterated her stance on the issue, stating that she believes it is important to carefully consider the implications of expanding gambling in the state before moving forward with any new casino projects. She emphasized the need to prioritize responsible gambling practices and ensure that any new casinos are in line with the state’s overall goals and values.
Despite the Governor’s reservations, industry insiders and lawmakers continue to push for the expedited opening of downstate casinos. They argue that bringing casinos to the downstate area would not only boost the state’s economy, but also provide much-needed entertainment options for residents and tourists alike. Additionally, they believe that opening downstate casinos would help to level the playing field for upstate casinos, which have been facing tough competition from neighboring states.
As the debate over downstate casinos continues to heat up, all eyes are on Governor Hochul to see how she will ultimately decide on the issue. Will she stick to her guns and continue to resist calls for expediting the opening of downstate casinos, or will she ultimately give in to the pressure and greenlight new casino projects in the state? Only time will tell, but one thing is for certain: the future of the gambling industry in New York hangs in the balance.