Casinos Downtown: Bad Deal and Wrong Place

Casinos Downtown: Bad Deal and Wrong Place.
By Geniusofdespair

The Genting Casino in New York is NOT in Manhattan. It is in one of the most depressed areas of Queens, an area called South Ozone Park where they shutter stores from robberies. You wouldn't go there for anything except horse racing or casinos. We on the other hand, would have the Genting Casino complex in the Lincoln Center of Miami. Wrong location. Put the Casino in Sunny Isles Beach, known for bad planning. They probably would welcome it. Let Golden Beach start mobilizing.

Also, I hate the 3 casino idea because it is such a colossal bad deal for us. New York got a 66% tax from Genting. I also read they got an upfront licensing fee of $380 Million. What are we getting? A bad deal and all the money goes to Tallahassee. Stupid us. Didn't we learn anything from the Marlins baseball stadium fiasco, the crappy deal that keeps on costing?

I went to the Urban Environment League forum on gambling Saturday with about 125 other people, including Terry Murphy, Natacha Seijas' former chief of staff. He is vehemently opposed to casinos. Maybe Terry had an epiphany without that whale of an albatross Seijas. Imagine, Katy Sorenson and Terry Murphy in the same room agreeing on something? I saw it. For more read the Herald article:

At the Light Box forum, University of Miami history professor Gregory Bush slammed the notion that Resorts World could reposition Miami in a favorable way. He criticized Genting Chairman KT Lim for a comment from the company’s September unveiling of its resorts plans, when Lim said: “I strongly believe this can be the agent of transformation that can turn Miami into a real city.”

“It’s rather insulting for him to seek to remake us in his corporate image,’’ Bush said.