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Arduous Rock needs to construct a on line casino in or close to New York Metropolis, even because it strikes ahead with a plan to construct one other one in northern New Jersey, about 8 miles away.
Jim Allen, chairperson of the worldwide playing, leisure and hospitality firm owned by Florida s Seminole Indian tribe, mentioned Tuesday that Arduous Rock will submit an expression of curiosity to New York officers by the Dec. 10 deadline.
New York has three remaining on line casino licenses to be awarded within the downstate area that features New York Metropolis, which has lengthy been the holy grail for the on line casino trade, given the area’s inhabitants and wealth.
Talking on the East Coast Gaming Congress in Atlantic Metropolis Allen mentioned Arduous Rock has been planning a New York venture ever because the chance was introduced seven years in the past.
Afterward, Allen mentioned in an interview that the corporate will not be abandoning a plan it unveiled in 2015 to construct a on line casino resort on the Meadowlands Racetrack simply outdoors New York Metropolis.
“We’re all for each markets, and if God is nice sufficient to permit us to function in each, we might be comfortable to take action,” he mentioned.
Arduous Rock would want permission from New Jersey voters to construct within the Meadowlands. They resoundingly rejected a plan in 2016 that will have approved casinos outdoors Atlantic Metropolis, the one place in New Jersey they’re permitted.
Allen, whose firm spent a half-billion {dollars} to open a Arduous Rock on line casino in Atlantic Metropolis in 2018, mentioned the New York and northern New Jersey market can help quite a few casinos.
“What number of casinos do you have got lined up proper right here?” he requested in Atlantic Metropolis, the place there are 9. “A hundred percent, the market is massive sufficient.”
Final week, the New York State Gaming Fee issued a name for expressions of curiosity within the three remaining on line casino licenses. Different main on line casino corporations, together with Caesars Leisure, Bally’s, Las Vegas Sands and Wynn Resorts even have expressed curiosity.
There are 4 industrial casinos in upstate New York, a part of the seven nontribal casinos that voters approved in 2013.
“It might be attainable {that a} market as sturdy as metro New York Metropolis might help two properties,” mentioned David Schwartz, a playing historian with the College of Las Vegas Nevada.
Jeff Gural, who owns the Meadowlands Racetrack, in addition to two upstate New York racetrack casinos, mentioned he and Allen haven’t mentioned whether or not Gural would possibly accomplice with Arduous Rock on a New York venture, or whether or not such a growth would possibly have an effect on their partnership in New Jersey.
Ralph Caputo, a Democratic New Jersey state Assemblyman from northern New Jersey, mentioned he doubts whether or not two Arduous Rock tasks might succeed so shut to at least one one other. However he additionally famous that the staggering monetary efficiency of the Meadowlands Racetrack in New Jersey’s nation-leading sports activities betting market proves proponents of northern New Jersey playing have been proper.
The Meadowlands accounts for half the sports activities betting income all the state of New Jersey takes in every month. In September, New Jersey grew to become the primary U.S. state to deal with greater than $1 billion price of sports activities bets in a single month.
“All of the disposable earnings is up right here,” Caputo mentioned. “We knew what we have been speaking about.”
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Observe Wayne Parry on Twitter at @WayneParryAC
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