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New York City Area Hype Discussion New York City Area Hype Discussion

01-29-2024 , 09:00 PM
Somehow I think the eventual opening of the NYC-area casinos will be worse for their members (NJ will lose jobs, and not just a few) than NY online gaming would be.
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02-01-2024 , 12:53 PM
https://www.playny.com/community-upd...ino-proposals/

Interesting article about the community response to a few of the proposals (Sands LI, Mohegan Midtown East, Chicksaw? Coney Island, and Hard Rock Citi Field)

I think this is very clearly shaping up to be Caesar's Times Square vs Hard Rock Citi Field

...if Caesar's can get the support. If not, this may already be done.
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02-01-2024 , 02:25 PM
I would be happy with either of those, but if somehow it was both, maybe MGM EC got dropped, I would be soooooo happy.

Just sucks that we're almost definitely looking at 2025 for granting of the licenses, so cards in the air before 2026 isn't very likely
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02-01-2024 , 02:48 PM
Quote:
Originally Posted by Dilly_
I would be happy with either of those, but if somehow it was both, maybe MGM EC got dropped, I would be soooooo happy.

Just sucks that we're almost definitely looking at 2025 for granting of the licenses, so cards in the air before 2026 isn't very likely
If anything, it seems like RW Queens would be the one to be left out of the party, not MGM. It's the hardest one for me to get to, too, and I'm not a huge fan of MGM's way of doing things. Not like any of them are great, though.

Honestly, it's so hard to guess on timing. I wouldn't be surprised if they fast tracked the already existing ones, I also wouldn't be surprised to have it be 2026-2028.

In the meantime, I do still enjoy going to AC and PA to play, but obviously wish we had something closer
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02-01-2024 , 05:59 PM
The only reason I would prefer MGM over RW is because MGM's seem to have poker in almost all of their properties and I'm hopeful they would have tourney series that are similar to Borgata's opens. Maybe I'm wrong but I really think they'd be best for poker. Maybe RW would as well since they seem to have poker I'm just not as familiar as I've never been to one.
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02-01-2024 , 06:36 PM
Quote:
Originally Posted by HomeStar
Honestly, it's so hard to guess on timing. I wouldn't be surprised if they fast tracked the already existing ones, I also wouldn't be surprised to have it be 2026-2028.
They did say (or someone reported that they said) that all completed applications would be considered at the same time. So RW and EC don't have any advantage in a (presumably) easier community approval and zoning stage or not needing to build from scratch, they'll stay in the same pile as everyone else who's not getting considered until everyone gets through that. Plus I would think there's some amount of care going into countering the assumption that the existing properties were locks from the start.

But they do still have the advantage of already existing and, presumably, being ready to scale up their offerings at the earliest possible moment. We can (potentially) be playing poker at RW or EC in 2025 and for a couple years before we can do it at any of the others.
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02-21-2024 , 05:18 PM
Quote:
Originally Posted by sirpupnyc
They did say (or someone reported that they said) that all completed applications would be considered at the same time. So RW and EC don't have any advantage in a (presumably) easier community approval and zoning stage or not needing to build from scratch, they'll stay in the same pile as everyone else who's not getting considered until everyone gets through that. Plus I would think there's some amount of care going into countering the assumption that the existing properties were locks from the start.

But they do still have the advantage of already existing and, presumably, being ready to scale up their offerings at the earliest possible moment. We can (potentially) be playing poker at RW or EC in 2025 and for a couple years before we can do it at any of the others.
I tend to agree with this line of thinking but am also biased toward wanting EC to be first seeing I'm 30 mins north of Manhattan & only 10-15 from Yonkers. Plus, and I don't know if this will factor much (if at all) into the granting of licenses, the ever increasing cost of tolls + parking make going to or through lower Manhattan quite a pain.
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02-22-2024 , 01:20 PM
https://www.casino.org/news/related-...st-12-billion/
Updated plans for the Hudson Yards proposal

https://www.playny.com/jason-robins-...nline-casinos/
DraftKings still optimistic online is on the near horizon, despite most other news indicating otherwise

https://www.ggrasia.com/resorts-worl...o-in-2023-aga/
Resorts World still the biggest grossing casino in the country outside of Nevada, and that's only with video terminals. I can't imagine they don't get a license despite some of the controversy that has come up around them
New York City Area Hype Discussion Quote
02-23-2024 , 01:31 PM
Quote:
Originally Posted by Dilly_
https://www.casino.org/news/related-...st-12-billion/
Updated plans for the Hudson Yards proposal

https://www.playny.com/jason-robins-...nline-casinos/
DraftKings still optimistic online is on the near horizon, despite most other news indicating otherwise

https://www.ggrasia.com/resorts-worl...o-in-2023-aga/
Resorts World still the biggest grossing casino in the country outside of Nevada, and that's only with video terminals. I can't imagine they don't get a license despite some of the controversy that has come up around them
Not that it really matters, but I thought the bit about RW being the highest grossing casino sounded off. When you read the linked article, they are excluding tribal casinos. I was going to be surprised if RW was beating out places like Foxwoods and WinStar. Still a pretty big accomplishment when you compare them to all of the big non-tribal casinos around the country who have table games, and who can bring in whales who may lose millions per visit playing baccarat and craps.
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02-23-2024 , 06:19 PM
The report if anyone is interested, relevant chart on page 8:

https://www.americangaming.org/wp-co...022_Report.pdf

I can't believe that a POS resort with 0 table games way out in Queens is #2 and beats out Borgata, Encore Boston Harbor, Maryland Live, and Parx. A high end Wynn or Caesars property in Manhattan is going to beyond print $$.

Last edited by ark_angel; 02-23-2024 at 06:19 PM. Reason: fixed link
New York City Area Hype Discussion Quote
02-24-2024 , 12:35 AM
Quote:
Originally Posted by ark_angel
The report if anyone is interested, relevant chart on page 8:

https://www.americangaming.org/wp-co...022_Report.pdf

I can't believe that a POS resort with 0 table games way out in Queens is #2 and beats out Borgata, Encore Boston Harbor, Maryland Live, and Parx. A high end Wynn or Caesars property in Manhattan is going to beyond print $$.
It’s sorta crazy given they don’t have table games but Parx is in a more out of the way area than RW queens and Borgata has been on the decline, place was dead Super Bowl weekend relative to past years.

Even if they don’t put one in Manhattan, the 3 NYC casinos are going to crush. I really feel like in a lot of discussions people outside of New York don’t realize how different New York is financially
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02-26-2024 , 10:26 AM
This is a classic example that just goes to show you how far behind in the times NYC/NNJ is with respect to the gambling business and bringing in tax revenue for their state. As soon as PA started to authorize casinos over 10 years ago NY/NNJ should have been right behind them so either they're stupid or are the politicians more overly concerned with what goes into their pockets instead of what will help their state? How many more years will the licensing process take? It's a sad joke if you ask me.
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02-26-2024 , 11:16 AM
Quote:
Originally Posted by Playbig2000
This is a classic example that just goes to show you how far behind in the times NYC/NNJ is with respect to the gambling business and bringing in tax revenue for their state. As soon as PA started to authorize casinos over 10 years ago NY/NNJ should have been right behind them so either they're stupid or are the politicians more overly concerned with what goes into their pockets instead of what will help their state? How many more years will the licensing process take? It's a sad joke if you ask me.
Assuming the answers to the second round of questions take the same amount of time as the first round, we're only 2 months away from those answers being released! Then only 1 month until the applications are due!

....then the CAC process begins which I imagine is going to be the most lengthy annoying part. Then the zoning process which you would think would be relatively straightforward but probably not. Then once applicants have community approval and zoning approval, they have to provide supplements requested by the board. Then presentations to the board. Then the board send remaining applications to commission for consideration.

At this point I don't think there is any reasonable chance that licenses are granted earlier than the very end of 2025, which means our best hope for cards in the air is Q1 of 2026, if RW and EC get the licenses and are able to turnkey operations. Any other proposal isn't going to be live until 2027 most likely.
New York City Area Hype Discussion Quote
02-26-2024 , 01:44 PM
Quote:
Originally Posted by Playbig2000
This is a classic example that just goes to show you how far behind in the times NYC/NNJ is with respect to the gambling business and bringing in tax revenue for their state. As soon as PA started to authorize casinos over 10 years ago NY/NNJ should have been right behind them so either they're stupid or are the politicians more overly concerned with what goes into their pockets instead of what will help their state? How many more years will the licensing process take? It's a sad joke if you ask me.
Well, in both states it involves/d getting the electorate to approve a constitutional change, so it's not just the politicians. If it had just been up to the legislature, NJ could have casinos in the north by now.
New York City Area Hype Discussion Quote
02-27-2024 , 08:39 AM
Quote:
Originally Posted by Dilly_
Assuming the answers to the second round of questions take the same amount of time as the first round, we're only 2 months away from those answers being released! Then only 1 month until the applications are due!

....then the CAC process begins which I imagine is going to be the most lengthy annoying part. Then the zoning process which you would think would be relatively straightforward but probably not. Then once applicants have community approval and zoning approval, they have to provide supplements requested by the board. Then presentations to the board. Then the board send remaining applications to commission for consideration.

At this point I don't think there is any reasonable chance that licenses are granted earlier than the very end of 2025, which means our best hope for cards in the air is Q1 of 2026, if RW and EC get the licenses and are able to turnkey operations. Any other proposal isn't going to be live until 2027 most likely.
Might take even longer the way these politicians are behaving
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02-29-2024 , 07:12 AM
I pretty much called this a year ago… the politicians are incentivized to take as long as possible.

The financial people involved know this is killing their bottom line. Can’t get concrete contracts in etc. the longer it takes the more it’s going to likely cost.

Losing revenue. Losing quarter after quarter of profit. Going to take even longer to gauge the patrons to get their 500m license fee back.

I won’t be playing slots or tables at any of these places bc you know the house needs to get that money back.

Poker is going to be the last thing these places think or care about… I could see another 2-5 years on top of 2027 before they consider poker.

So I’ll see you guys on the felt… in the summer of ‘32!
New York City Area Hype Discussion Quote
02-29-2024 , 08:58 PM
Quote:
Originally Posted by PokerEthics
I pretty much called this a year ago… the politicians are incentivized to take as long as possible.

The financial people involved know this is killing their bottom line. Can’t get concrete contracts in etc. the longer it takes the more it’s going to likely cost.

Losing revenue. Losing quarter after quarter of profit. Going to take even longer to gauge the patrons to get their 500m license fee back.

I won’t be playing slots or tables at any of these places bc you know the house needs to get that money back.

Poker is going to be the last thing these places think or care about… I could see another 2-5 years on top of 2027 before they consider poker.

So I’ll see you guys on the felt… in the summer of ‘32!
One of the first licenses will have poker, but I think "the favorite" is both will. The third, who knows.

So, no
New York City Area Hype Discussion Quote
02-29-2024 , 09:32 PM
Quote:
Originally Posted by HomeStar
One of the first licenses will have poker, but I think "the favorite" is both will. The third, who knows.

So, no
Bet ?
New York City Area Hype Discussion Quote
02-29-2024 , 11:26 PM
Quote:
Originally Posted by PokerEthics
Bet ?
For one or both?
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02-29-2024 , 11:52 PM
Who actually benefits from a drawn-out process? I guess the location board gets paid longer, but are they actually paid enough to make that worthwhile? And people who are opposed to casinos near them get more time without, but if a casino's coming near them despite their opposition, putting it off a couple years isn't that big a win.

What am I not seeing? I'm missing a couple parts out of "Of course [nefarious forces] are delaying the process because of [benefits]."
New York City Area Hype Discussion Quote
03-01-2024 , 01:22 AM
Quote:
Originally Posted by sirpupnyc
Who actually benefits from a drawn-out process? I guess the location board gets paid longer, but are they actually paid enough to make that worthwhile? And people who are opposed to casinos near them get more time without, but if a casino's coming near them despite their opposition, putting it off a couple years isn't that big a win.

What am I not seeing? I'm missing a couple parts out of "Of course [nefarious forces] are delaying the process because of [benefits]."
I don't think there are any winners, outside of anti-gambling advocates, who just get a temporary stay of execution. We definitely don't win, the casinos definitely don't, the city doesn't, the state doesn't. So, almost no one

People say a lot of dumb ****
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03-01-2024 , 07:18 AM
Quote:
Originally Posted by sirpupnyc
Who actually benefits from a drawn-out process? I guess the location board gets paid longer, but are they actually paid enough to make that worthwhile? And people who are opposed to casinos near them get more time without, but if a casino's coming near them despite their opposition, putting it off a couple years isn't that big a win.

What am I not seeing? I'm missing a couple parts out of "Of course [nefarious forces] are delaying the process because of [benefits]."
It doesn’t have to be nefarious (although it probably is)… but ya then NYC politics is a cluster. It’s one or the other….
New York City Area Hype Discussion Quote
03-01-2024 , 07:21 AM
Quote:
Originally Posted by HomeStar
For one or both?
I bet 10k Sklansky dollars either 1 of 2 things…

Either

only 1 of the 3 casinos opens with poker

Or

No poker anywhere of the 3 new properties until at least 2027

I’d need some odds on 2032….
New York City Area Hype Discussion Quote
03-01-2024 , 09:45 AM
https://www.costar.com/article/46604...-in-casino-bid

RW, which is still probably a favorite to get a license, plans to add 2MM sqft of gaming, entertainment, retail, and dining to its existing 1MM sqft facility, that already has 6,500 slot machines. The plan is for 350,000 sqft of casino, which would make it the 6th largest casinos in the world, 2nd largest in the country. I would say it is highly unlikely that it doesn't include a poker room, and very likely the poker room opens when the casino opens.

https://www.playny.com/new-eilers-kr...nline-casinos/

Study says online casinos increased revenue for brick and mortar casinos in the six states that have both. I'd say the causality is questionable but hopefully it helps them get it done sooner rather than later in NY.
New York City Area Hype Discussion Quote
03-01-2024 , 04:32 PM
Quote:
Originally Posted by PokerEthics
I bet 10k Sklansky dollars either 1 of 2 things…

Either

only 1 of the 3 casinos opens with poker

Or

No poker anywhere of the 3 new properties until at least 2027

I’d need some odds on 2032….
I think 2 of the 3 will have poker within a year of opening their "new" casinos. When that is, not willing to bet on, lol, but am willing to bet on the former. And not Sklansky bucks, either
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