State of Play

State-led plans to expand casino gaming beyond Atlantic City in New Jersey are gaining momentum following New York’s recent approval of three new casinos in New York City.

These developments could reshape the regional gambling market, prompting New Jersey lawmakers to consider constitutional changes to allow casinos at the Meadowlands and Monmouth Park.

New York’s Downstate Casino Approvals

New York regulators approved two casinos in Queens and one in the Bronx on Dec.15, marking a major expansion of commercial gaming in the downstate area.

This move intensifies competition for gambling dollars in the region, putting pressure on New Jersey, where casino gaming is currently confined to Atlantic City, in the southern part of the state.

Proposed Expansion to Meadowlands and Monmouth Park

In response, state Sen. Paul Sarlo has pushed for a constitutional amendment to permit casinos at Meadowlands Racetrack and Monmouth Park, framing it as both an economic necessity and a strategic counterbalance to New York’s growth.

The amendment requires legislative approval by a supermajority or in two consecutive sessions before reaching voters. Sen. Joe Pennacchio also supports expanding gaming, urging leadership to act quickly.

Atlantic City Concerned About Cannibalization

Proposals for the Meadowlands include a 2 billion dollar casino and convention center complex, alongside a 1,000-room hotel and additional private hotels estimated at 1 billion dollars.

At Monmouth Park, development would likely be spearheaded by Morris Bailey, though a casino operator partner has yet to be confirmed. Caesars operates the Monmouth Park sportsbook currently.

Advocates suggest placing a referendum on the November 2026 ballot, necessitating legislative approval by mid-2026. Despite prior voter rejection in 2016, proponents argue the new proposals are more focused and timely given New York’s expansion and shifting economic conditions.

New Jersey Gov. Phil Murphy has expressed openness to this expansion, though Atlantic City stakeholders remain cautious about potential market cannibalization amid recent strong performance.

Reporting Source

Based on reporting by Chavdar Vasilev for Casino Beats.