Friday, November 28, 2014
New York's Big Day - For Gamblers Anyway
The announcement came out yesterday that the New York Casino Location Committee will reveal its long awaited choices for up to four NY casinos in three regions on December 17, 2014. Wednesdays are good days for news cycles - right in the middle of the week giving critics and proponents alike two days to complain and praise the decisions before the lull of the weekend.
While there are many good proposals out there among the 16, all eyes are on the Genting Resort idea for Tuxedo, New York. It stands out for a number of reasons, both good and bad:
* It would bring a casino closer to New York City than any other proposal - a little over 40 miles.
* It is the only proposal that brazenly ignores the original intention for bringing casinos to NY at all - economic development and reviving the economy in and around the casino site.
* Genting is by far the biggest player among those putting forth proposals. How far will its huge corporate arm reach in and influence decisions?
* A significant element in the Tuxedo community does not want a casino in their backyard.
* Traffic in and out of the site, notwithstanding the proximity of the New York Thruway, will be a nightmare without significant infrastructure improvements, probably at public expense.
It is hard to predict what will happen on 12/17 but it is a no-brainer that the old Catskills resort area, formerly the home of the Concord, the Nevele, and Grossingers, will get one casino, exactly which one is up for grabs.
What's your choice?