NY Gaming Commission Appoints Two New Members to Facilities Board

In a sign that regulators in the state could be moving to expedite the awarding of three downstate casino permits, the New York State Gaming Commission (NYSGC) announced Monday the appointments of two members to the New York Gaming Facility Location Board.

New York casino license
The Manhattan skyline. The New York Gaming Facility Location Board added two new members today. (Image: Shutterstock)

The board is tasked with overseeing the casino siting process in the New York City area. Marlon Phillips, III and Greg Reimers are the two newest members of the board, according to the NYSGC announcement.

Phillips currently serves as the senior vice president for community development and diversity, equity, and inclusion (DEI) at U.S. News & World Report. He also has some experience that could be relevant in determining appropriate sites for gaming venues.

Prior to joining U.S. News, Phillips served as the Senior Vice President of Community Relations at New York State’s Empire State Development, managing development projects that included serving as the Chair of Queens West Development Corporation, President of the Atlantic Yards Community Development Corporation and Chief Administrative Officer of the New York Empowerment Zone Corporation,” according to a statement from the commission.

The appointments increase the size of the board to five with Phillips and Reimers joining Chair Vicki Been, Carlos Naudon, and Stuart Rabinowitz.

Board to Make Recommendations to NY Gaming Commission

To date, the process of awarding the three highly sought-after downstate casino permits has been marred by bureaucratic delays and allegations of corruption, with some industry observers describing it as a “circus.”

Recently, Gov. Kathy Hochul (D-NY) vetoed legislation that would have sped up the timeline on which the bidding window for those licenses could open, indicating that it will be the end of this year, at the earliest, before there’s clarity on which groups are viable contenders for the trio of permits.

As part of the regulatory process, the facilities board will make recommendations to the gaming commission, but the latter has final say when it comes to the winning bidders. There is long-running speculation that MGM Resorts International’s Empire City Casino in Yonkers and Resorts World New York in Queens are nearly assured of winning two of the licenses, implying that the other groups are essentially competing for a single license, not three.

While the commission has the ultimate say, the facilities board plays an important role in the process because there are myriad crime, environmental, and traffic considerations, among others, that go along with selecting casino sites. Not to mention the point that many of the proposed locations for downstate casinos have been met with consistent opposition by business groups, politicians, and residents.

Reimers a Smart Pick, Too

Appointing Reimers to the facilities board is arguably a smart move by the NYSGC due to his extensive real estate experience. He retired from JPMorgan Chase where he was a real estate banker. Prior to that, he was an executive vice president at the Bank of New York.

In each role he was responsible for managing large teams of real estate professionals who provided the Bank’s real estate clients with commercial banking services and real estate related credit,” according to the NYSGC press release.

Reimer’s background could be useful in determining which proposed sites for casino hotels are most viable and which ones come with too much baggage.

Todd Shriber
Todd Shriber Financial Reporter

Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org.

Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019.

Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com.

He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better.

Contact Todd at todd.shriber@casino.org.

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