The success of Las Vegas has inspired New York City to build a casino
The success of Las Vegas, which is visited by tens of millions of tourists annually, does not give rest to other cities in the United States. Shortly, New York plans to build at least four casinos and implement multi-billion dollar projects to develop the city’s infrastructure. Opening gambling establishments will become a lucrative business for Resort World New York City (RWNYC). According to famous rapper Nas, families living in the Queens neighborhood will have new opportunities with the arrival of casinos.
The city’s development plan, which is currently being discussed, calls for constructing a large resort with gambling establishments. It will be similar in style to Las Vegas: 350 square feet of gambling, 1,600-room hotels, and an event hall that can hold up to 7,000 people. And it will all appear in Queens, New York City’s largest borough by area.
RWNYC plans to invest $5 billion in the project. Approval is currently pending from the New York State Gaming Commission, which must issue all necessary licenses. According to the investors, the casino’s opening will create 5,000 jobs in the city, and this is only during the construction phase. Once the resort is operational, that number will rise to 100,000.
Queens will have the world’s largest casino when the Commission approves the project. New York will indeed be the city “that never sleeps.” That is how Frank Sinatra characterized New York City in one of his songs.
Urban renewal projects are the impetus for the rapid development of New York City
This development is initially conditioned by the modernization of the city’s infrastructure. To achieve their goals, the authorities will allocate more funds for the development of the town. Thus, in 2023, 13.3 billion dollars were allocated for these purposes, in 2025 the amount will increase to 15 billion, and in 2027 the budget of 13.8 billion is planned.
Such significant investments indicate that the project’s authors are calm about its commercial potential. This is despite the high popularity of gambling on the Internet. After all, a modern man does not need to go anywhere to enjoy slots or plinko. These games have become even more popular after they took digital form.
To understand this popularity, our authors studied gambling review sites. The most popular such site is PlinkoGames, which provides complete up-to-date information. To do this, you need to visit the site and find a suitable casino with plinko. This game in a variety of variants is presented in the most famous casinos in the world.
However, despite this, the number of visitors to land-based casinos still needs to be higher. And the authors of large-scale projects in New York believe that the situation will remain the same in the medium term.
The administration receives support from state and federal funds. It keeps on course to implement flagship projects that fundamentally should improve mobility in the city. These projects include the Gateway program. The program aims to build a rail line connecting Newark to New Jersey and reaching Manhattan (Penn Station). When completed, this line will serve up to 17% of the U.S. population, with revenues of $3 trillion annually.
Other railroad construction projects are also being carried out jointly with Gateway. For example, there are plans to extend the Second Avenue or Interborough Express subway lines. Building a line connecting Brooklyn and Queens will cost 9.9 billion dollars. In a few years, New Yorkers may be using this line to get to the new casino.
It is not yet known how local residents feel about the project. After all, in neighboring Manhattan, people are protesting against the construction of a casino in Times Square.