In 2022, The New York State Legislature approved for as many as three casinos to be built in New York City.
This is the most serious threat to the Atlantic City, New Jersey, casino gaming jurisdiction since the Commonwealth of Pennsylvania approved casino gaming and than expanded it to table games in July 2010. Pennsylvania took away a substantial number of convenience gamblers, who used to regularly make the trip to Atlantic City.
Before New York City casinos come online, the City of Atlantic City must get its act together.
For example, imagine if a vertical casino is developed at 1515 Broadway, an opulent skyscraper that would position itself right near the Times Square New Year’s Eve ball drop?