Jackpot! 3 NYC casinos get official go-ahead, with caveat

It’s official: New York City is getting three casinos.  The state’s Gaming Commission on Monday conditionally approved granting casino licenses to the three proposals that cleared a key board this month, bringing to a close a years-long competition that once included a dozen visions for facilities throughout the city. The winners are Steve Cohen’s Metropolitan Park, an $8 billion facility planned near Citi Field; the proposed $4 billion complex at Bally’s Golf Links at Ferry Point; and Resorts World’s $7.5 billion expansion of the Queens Aqueduct. The Commission, however, only approved the facilities on the condition that the companies agree […] This article originally appeared on The Real Deal. Click here to read the full story.