The board has set the minimum capital investment and license fee for all applicants seeking to build a casino at $500 million each. Revenue from the casinos is expected to be invested into the state’s public schools, local governments and gambling addiction treatment services, according to the board. Only four licenses have been allocated since.

The plan to build more full-scale casinos dates back to 2013, when New York officials authorized the construction of up to seven in the state. It is a property of Groupe Lucien Barrire. It has served as the venue for the Montreux Jazz Festival and was rebuilt following a 1971 fire memorialized in the Deep Purple song 'Smoke on the Water'. The board said in a press release that it is also welcoming all public input when deciding upon applications. Montreux Casino (Casino Barrire de Montreux) is a casino located in Montreux, Switzerland, on the shoreline of Lake Geneva. Many groups have already expressed interest in bringing casinos to the five boroughs in areas such as Hudson Yards, Times Square, Coney Island and Willets Point, near Citi Field in Queens.Įach applicant must pay a $1 million application fee to the state’s Gaming Commission, according to the board’s website.Īll applications must also be reviewed and approved by a community advisory committee. The board said it will review each application and decide on the locations based on three main factors: how many jobs a potential casino plans to create, how much revenue it can bring in and the impact it would have on the surrounding area. The board will review each application and decide on the locations based on three main factors.Each applicant must pay a $1 million application fee.

Groups have proposed bringing a casino to Times Square, Hudson Yards, Coney Island and Willets Point.

The state’s Gaming Facility Location Board voted Tuesday to open the application process for the casinos.

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