NY sports gambling brings in $1.7B in wagers in January
Hard Rock holds a partial ownership stake in the Meadowlands racetrack in East Rutherford, New Jersey, just outside New York City, and has proposed building a casino there - a plan that still remains viable, Allen said. Many of the major gambling and hospitality companies have also expressed interest in building a New York casino. As far as other locations, really we're waiting on the governor and the committee that's going to be sending out the request for proposals to see what language is in the bill as to geographic locations that would be acceptable to the state.'Īllen said he expects the actual selection process to begin in late summer or early fall, assuming the necessary legislation to authorize as many as three casinos is enacted by then.
'We're extremely proud of our hotel on 48th Street, but its footprint is just not large enough for gaming. 'You have to have a footprint of real estate large enough to take advantage of the size of the market,' he said.
