Online gambling is more popular than ever, due to the global pandemic players who like a visit to the casino were forced to do so in an online casino. In New Zealand, the market has been regulated since October 2021, however, other countries are also working hard not to stop it from regulating hype. Similarly to the United States, in America each state can determine on its own whether online gambling is allowed or not. The state of New York has now decided to regulate it, not only online casinos but there are also live casinos planned to be regulated.
Earlier it came out that the state of New York wanted to issue licenses for live casinos. at the moment there are no casinos in New York City yet, something you would expect as a cosmopolitan city. Especially now even in Dubai permission has been given to allow gambling. An icon like New York cannot be left behind. Thus, the state decided to gZodiac 3 licenses. However, these are not free, they should only cost 1 billion dollars each. Something that the state can put to good use, and therefore, for the 2023 budget, it has already been taken into account that these licenses will be paid.
Licenses, but for which district?
Mayor Eric Adams said recently that he sees the casinos as a very lucrative opportunity for the Big Apple. Hoping to obtain at least two licenses for casinos in the five boroughs, the mayor noted that this “would help boost our economy and tourism” in the wake of the covid pandemic.
According to rumors, some of the proposed locations in Manhattan are the Water Club in Kips Bay, Times Square, and atop Saks Fifth Avenue in downtown. Belmont Park in Long Island and nearby Citi Field in Queens are also mentioned. Especially a casino in Times Square is expected to change the streetscape of New York.
But which casinos?
Of course, it is very interesting where the casinos are going to be built. But what is at least as interesting is which 3 big names are going to settle in New York. In addition to being a large market, having a casino in New York is of course also a status symbol.
For now, Las Vegas Sands, Bally's and the Wynn are mentioned as big contenders. These casinos would be interested in taking over 1 of the largest untouched sales markets of America.
Recently Wynn casinos was already in the news because it is going to open a resort in Dubai. In this resort, the many tourists in Dubai can also go gambling, which is of course unique in an Islamic country like the United Emirates. In addition to the Wynn already has casinos in Las Vegas and Macau, the company will soon also be found in Dubai and perhaps in the Big Apple.