Yet the race for all three downstate licenses is wide open — and nothing is a sure bet in the fierce competition full of big ideas and visions with billions of dollars at stake. “It will be interesting to watch how the sports betting market develops through the rest of the year,” she said. The strong start for internet gaming suggests “another record year” for that category, said Jane Bokunewicz, a gaming industry analyst at Stockton University School of Business.

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Related Companies, a New York City real estate giant, and Wynn Resorts are looking to build a casino from the ground up in an undeveloped area of Hudson Yards, located on the Far West Side of Manhattan. The Times Square plan involves redeveloping 1515 Broadway, an office skyscraper in the heart of Times Square by West 44th Street that has an existing Broadway theater located on the ground floor. The casino would be housed in the building, which would also include a hotel and restaurants. The three Manhattan casino proposals, meanwhile, are filled with the kind of glitz and glamor that captures the imagination and may prove to be offers too good for the state to refuse. In February 2024, Resorts World rolled out a $5 billion expansion and redevelopment plan should it receive a full gaming license. Ten high rollers continue to vie for three lucrative full casino licenses in downstate New York in a years-long race that evolved from a sprint to a marathon.

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Bally’s, a large gaming company that operates in Atlantic City, is looking to develop a casino at Trump Golf Links in Throggs Neck. Steve Cohen, the billionaire owner of the New York Mets, has floated the possibility of building a casino as part of an entertainment complex on the 50-acre asphalt parking lot next to Citi Field. The Midtown East proposal, which would also involve the construction of a new development, is led by real estate billionaire Stefan Soloviev and the Mohegan Tribe. It calls for a 1,200-room hotel, about 1,300 apartments, and an underground casino—all to go up just south of the United Nations headquarters.