Adams Touts Billions in Economic Impact from NYC Casino

Even as the field of potential candidates for a downstate casino license narrowed last week after community advisory boards voted against two proposals, Mayor Eric Adams touted the economic benefits a casino would bring to New York City. The Adams administration on Friday issued “Casting the Dice: Casinos in New York City,” a report analyzing each of the seven casino proposals located within the five boroughs, including the two that were voted down.

The report sets out clear recommendations to ensure that any casino located within New York City benefits both the surrounding community and the entire city with billions of dollars in economic impact, thousands of jobs and improvements to local neighborhoods, the mayor’s office said.

It examines the financial, economic, and design impacts of each of the casino proposals. Additionally, the report lays out seven general recommendations for all parties involved in the casino licensing process to consider.

“A casino would bring thousands of additional good-paying union jobs and billions of additional dollars in economic development to New York City, which is why our administration has fought for a fair process with as many competitive bids for the city as possible,” Adams said.