NYC casino bids promise an economic boom. The reality might differ

Tuesday, November 11, 2025 10:08 PM
Photo:  Metropolitan Park (courtesy)
  • Matthew Haag, The New York Times

Resorts World has promised up to $4 billion in annual revenue from a casino near Kennedy International Airport. Hard Rock Hotel & Casino has pledged revenues of $3.9 billion and 6,000 permanent jobs from a casino in Queens. And Bally’s has said it would spend $4 billion on a casino resort in the Bronx and pay $370 million in taxes every year.

The three contenders vying for one of up to three licenses to open a Las Vegas-style casino in New York City have made eye-popping claims about the potential economic impact of their proposed gambling houses.

Even in the $115 billion casino industry, the projections by each operator stand out.