Noticias de ultima
  • 12.00 CT Interactive certifies 60 games and Hot Luck Jackpot for Peru
  • 12.00 New era of sports betting in Brazil: regulatory challenges with payment methods
  • 12.00 Here are the Gaming Control Board Reports Revenue in April 2024
  • 12.00 Venetian Macao: G2E ASIA + ASIAN IR EXPO 2024 in three days
  • 12.00 B.F.T.H. Arena Awards'24 Partners with Ortak for an Unprecedented iGaming Experience
  • 12.00 Latest from the MN Legislature: Lawmakers Make Final Push Before Deadline
  • 12.00 Gaming share of GDP reached 36.2 % in 2023, said Macau Head of Government
  • 12.00 Soft2Bet’s Team is heading to Malta for the SBC CasinoBeats Summit
  • 12.00 North Carolina Exceeds Sports Betting Expectations with $649 M in First-Month Bets
  • 12.00 EGT Tanzania consolidates its status as a leader in Africa with a major installation at Grand Leone Casino in Sierra Leone
Casino

Zoning amendment for New York City Casino establishment approved

Tuesday 23 de April 2024 / 12:00

2 minutos de lectura

(New York).- On Thursday, the New York City Council passed a bill that paves the way for casino developers by permitting zoning modifications for gaming establishments sanctioned by the state.

Zoning amendment for New York City Casino establishment approved

The New York City Council gave aspiring casino developers an avenue forward by passing a bill Thursday allowing zoning changes for gaming facilities approved by the state.

The legislation will give any developer who wins one of the three available downstate casino licenses the ability to get a zoning amendment to build a casino in high-density and commercial manufacturing districts as of right. The switch will let developers skip over the city’s long Uniform Land Use Review Procedure usually required for zoning changes.

Developers and casino operators must submit their proposals before the June 30, 2025, deadline, and must be approved by the Community Advisory Committee (CAC).

The City Council voted 35 to 15 in favor of the bill, which was proposed in November 2023, during a Thursday meeting in which members in favor seemed interested in moving the process forward in a way that includes community input.

“I think the CAC process is going to be robust and rigorous. But in order to get to that process, and for the community to provide input on whether they want it or not, we need this text amendment,” Councilmember Justin Brannan said during a press conference prior to the vote.

Brannan’s South Brooklyn district covers one of the many competing gambling proposals: Thor Equities’ bid for a $3 billion casino in partnership with Saratoga Casino Holdings, the Chickasaw Nation and Legends on the Coney Island boardwalk.

What we were seeing was one applicant starting at second base, the other guy was still in the dugout,” Brannan said. “So this text amendment at least puts everyone at the same footing and then we go from there. I think all the [council members] are looking forward to the CAC process because that’s ultimately where the rubber’s going to meet the road.”

Others were more leery of the bill, worried it would hand the City Council’s ability to approve or disapprove land use items relating to the casinos over to the state.

“Why would we unilaterally give up a level of authority that we have over land use matters? We’ve been granted this privilege by the voters, by the city charter to rule on these things, and we’re walking away from it,” Councilmember Kalman Yeger said in explaining his “no” vote.

There is no shortage of casino proposals in New York City. All are competing to get one of the three downstate permits.

They include Related Companies with gaming partner Wynn Resorts wanting a facility in the western portion of Hudson Yards; Point72 Asset Management’s Steve Cohen planning a gambling house next to Citi Field in Queens; the Soloviev Group banding together with Mohegan for an entertainment district by the United Nations; SL Green Realty, Caesars Entertainment and Jay-Z’s Roc Nation aiming to build a gaming floor in Times Square; and Resorts World New York City hoping to redevelop its south Queens “race-ino” in a full-fledged, Las Vegas-style casino.

The state plans to officially open the bidding process for casinos next year, in an aim to give applications more time to finish their applications, with the winners set to be decided in “late 2025,” Crain’s New York Business reported.
 

Categoría:Casino

Tags: Sin tags

País: United States

Región: North America

Event

GAT EXPO CARTAGENA DE INDIAS 2024

09 de April 2024

Casino Garage: committed to sustainability

(Cartagena de Indias, Exclusive SoloAzar) - Meet Ester Tarres, the visionary behind Casino Garage, a world leader in refurbishing second-hand slot machines since its creation in 2006. With a team of professionals, Casino Garage has become synonymous with excellence. In this article, Ester tells us about her presence at the GAT Expo, held from 9 to 11 April.

Tuesday 07 May 2024 / 12:00

Responsible Gaming, Regulation and Certification in Latin America and the Caribbean

(Cartagena de Indias, Exclusive SoloAzar). - Karen Sierra-Hughes, Vice President for Latin America, the Caribbean and Spain at GLI (Gaming Laboratories International), led the GLI Corporate Conference: Technology and Sustainable Gaming. With her extensive experience as a gaming regulatory consultant in the region, Karen offered key perspectives on how technology can drive sustainability in the gaming industry.

Tuesday 07 May 2024 / 12:00

Unveiling innovations: WA.Technology's highlights from GAT Expo 2024

(Cartagena de Indias, SoloAzar Exclusive).- In an exclusive interview with Patricio Molloy, Business Development Latam at WA.Technology, we delve into the latest offerings showcased by this leading gaming solutions supplier firm at the GAT Expo Cartagena 2024. From a comprehensive iGaming platform to cutting-edge AI integration, discover how this company is shaping the future of gaming experiences in Latin America and beyond.

Monday 06 May 2024 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST