New York gaming board set to award as much as 3 on line casino licenses

The bets are in – and now state gaming commissioners will resolve who hits the jackpot.

The state Gaming Facility Location Board on Monday will vote to award up to three coveted on line casino licenses for the downstate New York space.

A pool of what was as soon as 11 bidders has dwindled to a few – however there’s no assure every of the survivors will get licenses as a result of the five-member board doesn’t must award any.

However, the Hochul administration has 1.5 billion causes for wanting three profitable bids – regardless of objections raised by anti-casino activists and different critics.

Casino candidates every must pay $500 million license charges to function – which might go into the cash-strapped state’s coffers — as nicely decide to not less than $500 million in capital investments on their tasks.

Among these seeking to money in is Mets proprietor Steve Cohen, who desires to open a $8 billion on line casino complicated subsequent to Citi Field in Flushing, Queens. The Hard Rock Metropolitan Park group is additionally partnering on the venture, which would come with a music live performance corridor and different facilities.

Bally’s is pushing a $4 billion plan to open a Bronx on line casino on a former golf course as soon as owned by President Donald Trump, and Resorts World is planning a $5.5 billion enlargement of his current facility at Queens’ Aqueduct race monitor that already gives parlor video games.

Reps for the Cohen-Hard Rock and Resorts World proposals declined remark Saturday.

However, Bally’s chairman Soo Kim advised The Post he believes his probabilities of scoring a license “looks pretty good.”

“We put our best effort out there,” he mentioned. “I don’t think we have any weak spots.”

Bally’s acquired the golf course at Ferry Point from the Trump Organization in 2023, and it’s now known as Bally’s Golf Links at Ferry Point.

As a part of the deal, Bally’s agreed to offer the Trump Organization a further $115 million — if it wins a on line casino license.

Kim shot down criticism over Trump probably profiting off the venture.

“Trump gets a fair deal. The Bronx gets a great deal,” he mentioned.