Real estate developers and gambling executives are eager for the opportunity to build new casinos in New York City, with 11 significant proposals currently in consideration. These proposals promise to enhance tourism and local economies, but they face opposition from civic leaders concerned about traffic congestion and crime. While support exists from city officials, the intense lobbying is fueled by the high potential profits. By year's end, up to three new casino licenses will be awarded, deeply impacting the city's future.
The competitive nature of casino bids in New York City sees 11 major proposals aiming for three licenses, each promising significant economic and community benefits.
Civic leaders oppose casino developments, raising concerns over increased traffic, crime rates, and possible negative impacts on the city’s recovery post-pandemic.
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