News Coverage on Casino Gambling
NYC Can Handle Multiple Casinos, Mayor SaysHenry Goldman
New York City is big enough to accommodate more than one casino should Governor Andrew Cuomo succeed in fostering more gambling in the state, Mayor Michael Bloomberg said. .
“This city is big enough to have more than one,” Bloomberg said today on WOR radio. “We have lots of different arts venues, for example, lots of different concert halls and stadiums.”
Cuomo, a 54-year-old Democrat, proposed in January that Genting Bhd. (GENT) build a $4 billion convention center and casino in the borough of Queens, about 40 minutes from Manhattan by subway, as the centerpiece to a job-creation program. That plan failed, Cuomo said last week.
Genting, which in October began operating an electronic- lottery gaming “racino” at the Aqueduct race track in Queens, controls Asia’s second-biggest casino operator by market value, is the largest casino operator in the U.K., and owns Resorts World Sentosa, one of Singapore’s two gambling resorts. Its planned 3.8 million-square-foot Queens facility would have re