Connect with us

Published

on

Don’t bet on a Big Apple casino opening any time soon.

State regulators said they won’t decide on new casino licenses in the New York City area until late 2025 — a delay critics say deals the local economy a bad hand.

The footdragging means pushes out the over-under on the earliest a gaming facility could open in the metro area to some time in 2026.

“It’s absurd that it’s going to take 3 years to put shovels in the ground,” Queens Borough President Donovan Richards said, referring to a timetable laid out by the state Gaming Commission during a public meeting Monday.

The city could use the jobs associated with the licenses to boost the post-COVID-19 recovery, he added.

“We’re trying to rebuild the New York economy. People are looking for good jobs and upward mobility. I hope they have a change of heart.”

Talk about awarding as many as three casino licenses in the downstate region have already been going on for three years.

Gaming industry insiders were left confused over the footdragging.

“People are shaking their heads. What’s taking so long?” a source to one casino bidder said. “There doesn’t seem to be any urgency.”

By comparison, state cannabis regulators have issued 89 licenses for pot dispensaries over roughly the same time period.

But Gaming Commission Executive Director Robert Williams insisted the timetable is “ahead of schedule” because Gov. Kathy Hochul and the state legislature have not anticipated revenues from casinos to help bankroll the MTA until 2026.

A winning bidder must pay an upfront $500 million license fee for the privilege of operating a casino.

Williams noted that the City Council has yet to approve a zoning amendment to make it easier for casinos to find a location in the five boroughs.

The proposed casinos — The Related Companies/Wynn proposal for Hudson Yards, Mets owner Steve Cohen’s bid by Citi Field, the Thor Equities consortium in Coney Island and Bally’s at Ferry Point in The Bronx — would have to first be approved under the city’s lengthy Uniformed Land Use Review Procedure, the commission said.

“I have been informally advised that navigating the [land use] process will extend through the second quarter of 2025,” Williams said.

He said bidders will also have to undergo a separate state environmental scrutiny— under the State Environmental Quality Review Act.

In order for Cohen’s and Bally”s proposals to proceed, they also need approval from the state legislature to redesignate the properties from parkland to commercial use.

These reviews won’t be completed until early 2025, Williams said.

The Community Advisory Committees would then vote to support or reject a casino by late summer of 2025, allowing the state to collect licenses fees “nearly one year prior” to the deadline submission to the state and MTA, Williams said.

The committees, created by law, consist of the mayor, borough presidents and local state and city lawmakers who represent neighborhoods where a casino is proposed.

Resorts World’s slots parlor at Aqueduct race track and the MGM slots parlor at Yonkers raceway have the infrastructure in place to more easily build out and offer card table games in 2026, if they are awarded licenses.

But other bidders would have to build a new casino facility from scratch, meaning their doors are unlikely to open for business until 2027 or later, industry sources estimate.

Continue Reading

Science

Earth’s Oceans Enter Danger Zone Due to Rising Acidification, New Study Warns

Published

on

By

Earth’s Oceans Enter Danger Zone Due to Rising Acidification, New Study Warns

The oceans of Earth are in worse condition than it was, thought, said the scientists. This is because of the increased acidity levels that led the sea to enter the danger zone five years ago. As per the new study, oceans are more acidic by releasing carbon dioxide from industrial activities such as fossil fuel burning. This acidification of the oceans damages marine life and the ecosystem, in turn threatening the coastal human communities that are dependent on healthy waters for their life.

Oceans May Have Crossed the Danger Zone in 2020

In the study published on Monday, June 9, 2025, in the journal Global Change Biology, researchers have found that acidification is highly advanced tha it was considered in the previous years. Our oceans might have entered the danger zone in the year 2020. Previous research suggested that the oceans of Earth were approaching a danger zone for ocean acidification.

How Ocean Acidification Happens

Ocean acidification is driven by the absorption of ocean of excess CO2 into the ocean, which is rapidly contributing to the global crisis. CO2 dissolves in seawater, forming carbonic acid, lowering pH levels and invading the vital carbonate ions. This threatens the species in the water, such as corals and shellfish, which depend on calcium carbonate to build their skeletons and shells.

The Planetary Boundary May Be Breached

Recent research depicts that the ocean acidification levels may now be breached, crossing the previous estimate of a 19% aragonite decline from the previous industrial levels. Scientists are alarmed that this change could destabilise the ecosystems of marine and, in turn, the coastal economies. This is a ticking bomb with socioeconomic and environmental consequences.

Global Consequences of Acidification

The recent findings suggest that scientists have feared in the past. Ocean acidification has reached dangerous levels, exceeding the limit that is needed to maintain a healthy and stable environment. As critical habitats degrade, the rippling effects are expected to cause harm to biodiversity, impact food security for many of the people who depend on the oceans for their livelihood.

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who’sThat360 on Instagram and YouTube.


Samsung Galaxy Tab S11 Spotted on Geekbench; Suggests SoC Details, Benchmark Scores



Vivo X200 FE Specifications Leaked, May Feature MediaTek Dimensity 9300+ Chipset

Continue Reading

Science

NASA Chandra Spots Distant X-Ray Jet; Telescope Faces Major Budget Cuts

Published

on

By

NASA Chandra Spots Distant X-Ray Jet; Telescope Faces Major Budget Cuts

NASA’s Chandra X-ray Observatory has detected an enormous X-ray jet from quasar J1610+1811, observed at a distance of about 11.6 billion light-years (roughly 3 billion years after the Big Bang). The jet spans over 300,000 light-years and carries particles moving at roughly 92–98% of the speed of light. It is visible in X-rays because high-energy electrons in the jet collide with the much denser cosmic microwave background at that epoch, boosting microwave photons into X-ray energies. These results were presented at the 246th AAS meeting and accepted for publication in The Astrophysical Journal.

Discovery of the Distant X-ray Jet

According to the study, Chandra’s high-resolution X-ray imaging, combined with radio data, allowed the team to isolate the jet at such a great distance. At the quasar’s distance (about 3 billion years after the Big Bang), the cosmic microwave background was much denser. As a result, relativistic electrons in the jet efficiently scatter CMB photons to X-ray energies. From the multiwavelength data the researchers infer that the jet’s particles are moving at roughly 0.92–0.98 c. Such near-light-speed outflows are among the fastest known.

These powerful jets carry enormous energy into intergalactic space and provide a unique probe of how black holes influenced their surroundings during the universe’s early “cosmic noon” era.

Chandra’s Future at Risk

However, the Chandra mission now faces possible defunding: NASA’s proposed budget calls for drastic cuts to its operating funds. For nearly 25 years, Chandra has been a cornerstone of X-ray astronomy, so its loss would constitute a major setback. The SaveChandra campaign warns that losing Chandra would be an “extinction-level event” for U.S. X-ray astronomy. Scientists warn that ending Chandra prematurely would cripple X-ray science.

Andrew Fabian commented Science magazine, “I’m horrified by the prospect of Chandra being shut down prematurely”. Elisa Costantini added in an interview with Science that if cuts proceed, “you will lose a whole generation ” and it will leave “a hole in our knowledge” of high-energy astrophysics. Without Chandra’s capabilities, many studies of the energetic universe would no longer be possible.

Continue Reading

Politics

Vietnam legalizes crypto under new digital technology law

Published

on

By

Vietnam legalizes crypto under new digital technology law

Vietnam legalizes crypto under new digital technology law

Vietnam has passed a sweeping digital technology law that legalizes crypto assets and outlines incentives for AI, semiconductors, and infrastructure.

Continue Reading

Trending