The past decade has been a significant one for many industries. It is one that has been a boon to the casino and gambling industry as well. There are signs of progress in the industry in more ways than one. Not only do we see more innovation and enhanced operations for traditional entities in Vegas but we also see the same for online entities as well.
For instance, check this casino bonus list to see the level of progress present in the online gaming world.
Let us take a look at what is going on in the current gambling establishment and to see what opportunities lie ahead for many in the sector.
New York is extending its gambling game. Although it’s been doing well in gambling for years, state lawmakers are working to extend and upgrade the gambling game. The state lawmakers plan to issue at least three new casino gambling licenses for down states. Due to state lawmakers’ decisions, people assume that multiple new casinos are coming to New York. Hence, there will be more entertainment and amusement, and casino lovers will benefit. Apart from amusement and entertainment, expanding casinos will surely provide enormous job opportunities to the people who suffered during the pandemic.
Sen. Joseph Addabbo Jr. explained that there are not one but multiple benefits of establishing new casinos. Apart from building new casinos and issuing licenses, the state is already benefiting from the existing ones. He clearly stated that casinos bring a significant amount of educational funds and enormous state revenue. He added that even if a person doesn’t like gambling, he will surely benefit from it when he walks into the casino and takes part in the game.
Addabbo, a Democrat from Queens, is a Senate Gaming and Wagering Committee member. His basic motive revolves around building new casinos or adding the existing ones in Queens and New York. Addabbo explained further that there are already multiple casinos built in New York. Still, the expansion of casinos and crypto is inevitable with the support of the Legislature and Gaming Commission as it is a huge step forward and also a significant step for the benefit of the state.
The proposal of extending casinos downstate did not receive a consensus. Rather, assembly member Richard Gottfried who is a democrat and represents parts of Manhattan, opposed the proposal. They stated that there is no need to expand or welcome casinos to the neighborhood as not everyone is ready.
Richard also added that casinos do not belong to Manhattan. He was uncertain about other parts; hence, he only commented that casinos would not be the best choice for Manhattan. According to most people, Richard added that Times Square might be the perfect place to roll the dice as it has the perfect environment, but it’s not suitable. In addition to this, he said that times square has changed as it was three to four decades back.
The people and the authorities put in a lot of effort to make it a better place for New Yorkers. He explained that he didn’t want casinos to change Times Square to what it was before.