12.15.2025 All 3 New York City casinos win licenses, ending state’s competition
All three remaining New York City casino proposals were awarded licenses by the state’s Gaming Commission on Monday, officially concluding the years-long competition to break into the region’s huge, untapped gambling market.
Steve Cohen’s Metropolitan Park next to Citi Field, Bally’s in the East Bronx and Resorts World in Jamaica, Queens were each selected for licenses. Each will need to pay the state a $500 million license fee, in addition to their future tax payments.
The outcome had appeared highly likely ever since a separate state board recommended all three for licensure earlier this month, although the same board faulted all three applicants for misleading claims and some overly rosy revenue estimates — creating some uncertainty about whether the commission might reject any of the bids.