Overview
- State regulators voted Monday to issue full commercial casino licenses for Bally’s in the Bronx, Hard Rock’s Metropolitan Park by Citi Field, and Resorts World at Aqueduct in Queens.
- The approvals require $500 million per licensee and substantial capital investments, with ongoing character-and-fitness reviews and independent monitoring of compliance.
- The Gaming Facility Location Board projects about $7 billion in gaming tax revenue from 2027 to 2036, alongside roughly $5.9 billion in other tax receipts supporting education and transit.
- Resorts World can add table games and begin generating revenue as soon as the spring, while Metropolitan Park targets a January 2026 construction start and a 2030 opening, with Bally’s also planning toward 2030.
- Bally’s contingent agreement would pay the Trump Organization $115 million for remaining interest in the Bronx site following the license award.