Household name US gambling destination cities are Atlantic City and Las Vegas , in alphabetical order. However, New York City may soon replace New Jersey’s resort city on that short list, New York Sen. Joseph P. Addabbo Jr. told NJGamblingSites today.
Addabbo, D-Ozone Park, said to NJGamblingSites : It’s conceivable that this happens. The possible change wouldn’t be immediate. Addabbo was envisioning what may occur once three expected retail casinos are built and operating, which will likely take years to realize.
So “soon” is relative.
Meanwhile, for New Jerseyans unfamiliar with Addabbo, he’s the most prominent gambling expansion and problem gambling prevention advocate in the New York State Legislature . Addabbo’s Reasoning
New York City is already a global destination, Addabbo reminded NJGamblingSites today. Once it adds three retail casinos with full licenses, it’s not a reach to believe it can overtake Atlantic City for the US gambling destination distinction.
Addabbo points out to NJGamblingSites today that New York City already has other advantages that may help New York City usurp Atlantic City as a US gambling destination: New York State has twice the population of New Jersey
New York City is already a tourism destination, and adding retail casinos would provide another reason to visit
New York City is literally a “gateway” to the United States
In one realm, New York overtook New Jersey this year. New York online sportsbook revenue outpaces gross gaming revenue (GGR) in all other US online sports betting jurisdictions, Addabbo emphasizes.Even though the New York marketplace launched on Jan. 8 with nine sportsbooks, it’s already generating more revenue than the mature mobile New Jersey sports betting market, which has about three times the sites.Once the three Downstate New York retail casinos go live, they’ll probably partner with more online sportsbooks. (Pending legislator and regulator approval.)The state’s four existing retail casinos with full licenses are located in Upstate New York – not in New York City. Those casinos partner with New York’s nine existing online sportsbooks.However, beginning on Jan. 6, the New York Gaming Facility Location Board (NYGFLB) is opening the application period for the Downstate New York […]
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