Speed to market, new construction among NYC-area casino questions raised by Wall Street

Speed to market, new construction among NYC-area casino questions raised by Wall Street

Article brief provided by PlayNY
  • David Danzis, PlayNY
May 10, 2023 8:45 PM

New York does not appear to be in any hurry to award three downstate casino licenses or share information with the public about the process. The idle time is allowing industry experts, analysts and investors to speculate about any number of possibilities, some of which came up at a recent gambling conference in Atlantic City.

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Most of the US gambling industry is salivating (or shaking) at the thought of NY casinos in and around New York City. The potential for three downstate gambling parlors to catapult the Empire State into one of the most lucrative domestic markets is very real.