Pretlow Advocates Accelerating NY Casino Expansion

Pretlow Supports Speeding Up Casino Growth in New York.

Gary Pretlow, an assemblyman from New York, is working to speed up the growth of the state's gambling industry. He and Senator Joseph Addabbo, who also supports gambling, are looking to start new gambling projects by 2025.

Urgency in NY Gambling Industry

New York should move faster on its plans for new casinos. The expected casinos in the southern part of the state could bring in money to help cover the state's $9.5 billion budget shortfall, according to Pretlow.

• New York approved three new downstate casinos in 2022.
• So far, there's been over a year's delay in the bidding process for licenses.
• Each license could bring in $500 million, possibly rising to $1 billion.
• The target is to get these casinos up and running by 2025.

Revenue and Jobs Potential

Assemblyman Pretlow highlights that these casinos can help the economy. Getting a casino license could:

• Generate significant state revenue.
• Create jobs during construction.
• Offer permanent employment after opening.

Pretlow emphasizes the urgency for the state to act quickly and wants to avoid slow processes so that positive results can happen faster.

Proposal for Timely Bidding

Pretlow and Addabbo have put forward a plan that sets a deadline of July 31, 2024, for companies to make their offers. They believe that these companies are ready to submit their proposals now and stress that it's important to have a fixed date to begin this process.

Effects on the Community

New casinos might create jobs that could prevent people from leaving the area. They could also provide money for better schools and roads.

Political Consensus

Both Republicans and Democrats mostly agree on growing the gambling industry, which is unusual because they often disagree on issues. They are now working on solving the problems that are slowing things down.