economy

First Vegas-style casino opens in New York City

New York City's first full-scale casino with live table games opened to gamblers more than a decade after New York voters approved an expansion of gambling.

First Vegas-style casino opens in New York City

TL;DR

  • Resorts World New York City, owned by Genting, has opened the city's first full-scale casino with live table games.
  • The opening follows a 2013 voter referendum approving gambling expansion in New York state.
  • The casino expansion has created over 1,200 jobs, with an additional 500 anticipated.
  • The project includes a planned sportsbook, the first in the city.
  • Queens Borough President Donovan Richards and hip-hop artist Nas were involved in the opening.
  • Other companies, Bally's and Hard Rock, are also developing casinos in the downstate region.
  • The project has faced criticism regarding potential increases in crime and traffic.
  • The state expects the three new casinos to generate significant gaming tax revenue over a decade.