When Gov. Kathy Hochul sped up the process for awarding three casino licenses for the New York City area last spring, setting the gears in motion a year ahead of the original plan, the idea was to inject much-needed tax revenue into a region financially battered by the pandemic.
Now, with the state gaming commission preparing to hear proposals from real estate developers and gaming companies in the coming months, some New York officials would like to see the pace remain brisk.
“I’d love to see the more than $2 billion in license fees added into this fiscal year, which goes until March,” said Joe Addabbo, chairman of the Senate Racing, Gaming and Wagering Committee.
