NYC casino in Times Square? 8 projects battle to win license
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There are strong opinions on each side of the issue – with those that vocally support it, and those that vehemently detest the very notion of gambling in the Branson area. Because a majority of tax revenues in Nevada are generated from the tourism and gaming industries, Nevada’s tax burden is one of the lightest in the nation. Nevada is one of only seven states without a personal income tax and one of only three without a corporate income tax.
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The State will choose who to award the license,” said Salamanca, who chairs the Council’s land use committee, said during the vote. Bally’s had agreed to increase a Bronx benefit fund from $10 million to $17.5 million, with a majority of the fund allocated to programs selected by Marmarato. Bally’s acquired the lease for the property from the Trump Organization with a grand plan to open a casino as well as operate a golf course. The Council typically — but not always — sides with the position of the local council member on land issues in his or her district. Marmorato said she stood with opponents opposed to the $4 billion project, despite last-minute offers from Bally’s.
