Multinational casino corporations are leaving town for more profitable business opportunities elsewhere. Adapting closed resorts could address the inequalities that plague many American cities by converting luxury hotels into affordable housing.
What's left unsaid is that unparalleled sources of casino revenue come, in particular, from New York's Chinatowns. Industry strategists firmly believe Asian gamblers have a higher propensity for wagering large sums of money.
A likely reason the governor has taken over horse racing in New York stems from a desire to bring gambling casinos into the state big time, and Cuomo wants to get his hands on all the existing pieces of legal gaming in New York.
If I told you during the campaign that Governor Andrew Cuomo would have major, unprecedented first-year accomplishments, and then would set the bar high in year two, wouldn't you ask what was in my coffee?