New York City is officially getting 3 Las Vegas-style casinos

FortuneMonday, December 15, 2025 at 11:27:55 PM
New York City is officially getting 3 Las Vegas-style casinos
  • The New York State Gaming Commission has officially awarded licenses for three Las Vegas
  • Billionaire Lim Kok Thay has committed to a $5.5 billion investment to expand his casino operations in New York, following the acquisition of a new gaming license, indicating strong confidence in the market's potential.
  • The introduction of these casinos comes amid a nationwide surge in gambling, raising concerns among experts about the implications for local communities and the economy, as well as the potential for job creation and increased tax revenues.
— via World Pulse Now AI Editorial System

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