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A Malaysian company's plan to build a $4 billion convention center and big-time casino on the outskirts of New York City could be the biggest shot fired yet in a tourism arms race that has seen a growing number of Eastern states embrace gambling as a way to lure visitors and drum up revenue.
New York Gov. Andrew Cuomo announced last week that he would work with the Genting Group, one of the world's largest and most successful gambling companies, to transform the storied, but sleepy, Aqueduct horse track into a megaplex that would eventually include the nation's largest convention center, 3,000 hotel rooms, and a major expansion of a casino that began operating at the site in October.
The proposal came less than two months after once-puritanical Massachusetts passed a law allowing up to three resort casinos, plus a slot machine parlor, at locations around the state.
Ohio is poised to see its first commercial casinos open this year, after voters approved up to four gambling halls in 2009. Maryland's first casino opened last year, with more on the way. Pennsylvania's first casinos opened in 2006, and already the state is threatening to surpass Atlantic City as the nation's second-largest gambling market.
And in Florida, lawmakers are hotly debating a whopper of a bill that would allow up to three multibillion-dollar casinos, plus additional slot machines at dog and horse tracks. Genting appears confident the law will pass. It has already spent around $450 million to acquire waterfront property in Miami, where it wants to build a $3.8 billion complex that would include a casino, dozens of restaurants and a shopping mall.
Originally posted by Swills
reply to post by charlyv
I could see that, casinos going viral. There is internet poker, blackjack, slots, etc, already, so why not? I would embrace an online Foxwoods ran gambling website. I trust Foxwoods, the same cannot be said for many poker sites, the most recent being Full Tilt. I don't do internet poker much anymore.
Originally posted by strafgod
I see casinos as another bad habit for the local populous. As soon as a casino popped up in my area people I know grew addicted to gambling to the point that they visit the casino religiously. watch out if you hit the jackpot, my mother hit a 3 mil jackpot and was denied the payout due to one of the symbles not quite lining up, they claimed it was a malfunction. She did get a sweet 50 dollar gift card and a night stay at their hotel haha.. booo
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