search

The Real Deal Logo

Trending

City Council approves zoning change to greenlight casinosCity Council approves zoning change to greenlight casinosH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boomHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudRent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlords
New York

Silver presents obstacle for city casino

alternate text
Assembly Speaker Sheldon Silver doesn’t want casinos in New York City

Though budget issues have forced several New York politicians, including Governor Andrew Cuomo, to seriously consider allowing casinos in the city, Assembly Speaker Sheldon Silver said he strongly opposes it, the New York Daily News reported.

Silver does support gambling in resort areas like the Catskills and Saratoga Springs, yet is wary of “people going out for lunch during work and losing a week’s pay or a month’s pay.”

Sign Up for the undefined Newsletter

But bringing casinos to the city would produce both revenue from tourists and locals that pour some $5 blllion into gambling sites at Atlantic City and Foxwoods.

“The gaming issue is an issue that this state has to come to grips with,” Cuomo said earlier this month. A Democratic strategist said Silver could prove a big obstacle to the plan if he makes it a baseline issue.

Resorts World Casino, which is operating the Aqueduct’s forthcoming racino and wants to bring a full-blown casino to the city, said it would work to try and get Silver to reconsider his opposition. [NYDN]

Tags
Andrew CuomoAtlantic CityCasinosCatskillsSheldon Silver