NYC Gaming Board Recommends Licenses for Three New Casinos
Steve Cohen, Genting Group, and Bally's have been approved to operate casinos in New York City, with Cohen's project next to Citi Field in Queens set to include a casino, entertainment, and hospitality facilities, creating thousands of jobs and generating billions in revenue and taxes. The licenses mark the culmination of a decade-long process to expand gambling in the region, with significant economic and community impacts expected.