A casino’s history can provide insight into its performance

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Despite the Board 13’s expressed opposition, Thor COO Melissa Gliatta believes the company is slowly bringing people around to the proposal with the prospect of jobs and tourism dollars. Cohen and Hard Rock believe the casino could produce $3.9 billion in annual revenue within the first three years after opening. After initial resistance, the Council gave the go-ahead for the state Legislature to pass a law allowing Bally’s to use part of the golf course for a betting facility. But Queens Francisco Moya, who represents Queens communities around the proposed Queens casino site, supports the Cohen-Hard Rock bid, paving the way for broader Council backing. “This application we’re voting on will not grant Ballys a gaming license….

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