Full casino gaming could be in the cards for NYS, as the first round of legislation, in favor of expanding the state’s regulations, was passed by both houses.
Senator Joseph Addabbo, a member of the Senate’s Racing, Gaming and Wagering Committee, released a statement following the announcement of the legislature’s passing. Although Addabbo was absent for this process on protest, he supported the passage of New York State Gaming legislation.
“It is a step closer to having our residents vote on a referendum that could bring full gaming to the state,” said Addabbo. “It is a step closer for my constituents to have thousands of additional job opportunities at Resorts World. It is a step closer for our local communities, businesses, along with city and state governments to realize a greater potential for revenue growth.”
While Addabbo applauds this move forward, he advises that future maneuvers be done cautiously, utilizing community participation.
“I am an advocate for community input on these issues and feel most people would want their voices heard before any plans are implemented,” said Addabbo. “I look forward to working for my constituents and hearing their concerns on this issue.”
Stefan Friedman, a spokesperson from Resorts World Casino, says the passing of this legislature is a “significant step” towards full commercial gaming.
According to Friedman, laws to legalize full gaming have gone through the first round of negotiations several times in the past, but were halted before completely approved. Friedman claimed that in order for it to become legalized, two separate legislatures need to be approved – the second of which will not be decided on until 2013.
Friedman said Resorts World is eager to expand its operations if enhanced gaming is allowed. He estimates the expansion will create hundreds of additional jobs and garner millions in additional revenue – funds that are currently being spent out of state in nearby spots like Atlantic City, New Jersey where table gaming is available.
According to Friedman, between $3.1 billion to $5 billion leaves the state every year for entertainment and gaming in cites outside NYS.