"Approval of all three New York City-area casino proposals became official on Monday when the state Gaming Commission green-lit plans for full table games and billions of dollars of new investment at three sites in Queens and the Bronx."
"The impending opening of the new casino and other amenities at Resorts World New York City in South Ozone Park, Metropolitan Park near Citi Field in Flushing, and Bally's at the former Trump Links in the Bronx, is projected to generate $7 billion in tax revenue to the state over the next decade."
"With the MTA among the big winners out of the years-long casino bidding process, it's time for the authority to share those winnings with the riders in the form of improvements beyond those outlined in the capital plan which includes upgrading subway cars and buses, expanding subway station accessibility, and building out the Interborough Express (IBSX) light rail line. One such additional investment should be made toward enhancing safety on subways and inside stations, as well as on public buses. This should include hiring additional security personnel to patrol the stations, buses and cars, and the installation of floor-to-ceiling platform barriers at high-traffic stations such as Times Square, Herald Square and Atlantic A"
Three approved New York City-area casino projects at sites in Queens and the Bronx will bring full table games and billions in investment. The openings at Resorts World New York City, Metropolitan Park near Citi Field, and Bally's at the former Trump Links are expected to generate about $7 billion in state tax revenue over the next decade. That revenue will be largely split between public schools and the MTA. The MTA already collects billions in fares, benefits from congestion pricing, and gained payroll mobility tax support for its five-year capital plan. Additional funds should be directed toward rider-focused safety improvements, including hiring more security personnel and installing floor-to-ceiling platform barriers at high-traffic stations.
Read at www.amny.com
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