Who’s Banking on Big Bucks from Casinos? New York’s Transit System
The MTA is projecting billions in revenue from proposed NYC-based gaming halls, which are poised to win up to three licenses later this year. This article originally appeared in The City. By Jose Martinez and Lauren Hartley Queens Voice October 22, 2025 NEW YORK - New York’s mass-transit system is banking on billions of dollars from the state’s bet to bring full-scale casinos to the city. With three gaming-palace proposals still on the table — two in Queens and one in The Bronx — the MTA is counting on close to $2 billion through 2029 just from casino-licensing fees earmarked for the transportation authority’s annual operating budget. Billions more could come from tax revenue, depending on how licenses are awarded. “More service, better service, no layoffs,” Janno Lieber , MTA chairperson and chief executive, said Oct. 10 in response to a question from THE...