The eight applicants vying for one of three downstate casino licenses are making huge promises to New Yorkers They’re pledging billions of dollars of investment leading to thousands of jobs, a host of amenities inside the resort, and plenty of community benefits beyond the casino.

But the details, particularly when it comes to the dollar figures involved, vary considerably.

The Point examined the executive summaries outlining their overall vision and specific ideas, recently published by the state’s Gaming Facility Location Board on its website.

We’ll likely never know Las Vegas Sands’ final proposal had it bid for a casino at the Nassau Hub, but what we do know would have put Sands and Nassau County in a very competitive position.

Sands had said its project would have amounted to a $6 billion total investment. The Sands environmental impact statement placed expected annual tax revenues at $563 million, although that figure was likely a minimum. Initial expectations were that Nassau County would get 5% of the total tax revenue, and the initial lease put the floor at $50 million. That would’ve meant total tax revenue could have reached as high as $1 billion annually. Sands expected to have about 5,000 or 6,000 permanent jobs, about 400,000 square feet of gaming space, at least 800 hotel rooms and a convention space and spa.

The eight bids filed late last month include three from Manhattan, two from Queens, and one each from Brooklyn, the Bronx and Westchester. All will have to make their way through a Community Advisory Committee vote before even being considered for a license. They present a mix of ideas, and a variety of economic investment and tax revenue goals.

New York Mets owner Steve Cohen’s proposal for the land around Citi Field amounts to a total capital investment of $6.35 billion, although the proposal also notes plans to make a $1.75 billion community investment. Hard Rock and Cohen promise $33.5 billion in total tax revenue over 30 years, but as of year 3, Metropolitan Park’s annual tax revenue will be $850 million, according to its executive summary. Metropolitan Park promises 6,081 direct permanent jobs and 17,100 direct construction jobs, a hotel with 1,000 rooms and 286,000 square feet of gaming space.

Bally’s promises a $4 billion resort, with $625 million in community benefits. Bally’s, which hopes to build at Ferry Point in the Bronx, says its proposal would generate $357 million in annual state and local tax revenue. It pledges 4,000 permanent jobs, a 500-room hotel, and 500,000 square feet of gaming space. Bally’s interestingly proposes an "equity ownership," allowing local residents to have a stake in the resort.

Coney Island’s $3.4 billion casino proposal pledges a $200 million Coney Island Trust for community investment. The Coney will produce $332 million in annual tax revenue. It includes 4,000 construction jobs and 4,500 permanent jobs and trumpets plans for a 500-room hotel, a convention center and an entertainment venue, in addition to the casino. It also adds over an acre of "public rooftop space."

Resorts World presents a promise to expand its existing video lottery terminal facility. Calling for a $5.5 billion resort, Resorts World, located at Aqueduct Racetrack, emphasized how quickly it could open, noting that its first phase of a permanent casino could be ready to go by July 2026, just six months after licenses are awarded. Resorts World says it’ll provide $1 billion in state fees and tax revenues within the first five years — about $200 million annually —  but doesn’t provide further details on its state and local tax revenue expectations. It also notes that it has provided $4.5 billion in state tax revenue since 2011, which amounts to about $321 million a year. Resorts World, which is backed by the Genting Group, says it’ll add 5,000 construction jobs and 5,000 permanent jobs and build a resort with 500,000 square feet of gaming space, 2,000 hotel rooms and a 7,000-seat arena.

MGM Resorts says it would "reinvest" $2.3 billion, including $1.8 billion of new capital investment into its existing Empire City Casino at Yonkers Raceway. Like Resorts World, it emphasizes its speed to market. Unlike the other proposals, it does not include a hotel, instead emphasizing revamping its existing casino floor and continuing to operate the harness horse racing track, adding new restaurants and an entertainment venue, and bringing in a BetMGM Sportsbook. MGM doesn’t detail specific tax revenue promises in its summary, but the minimum state tax revenue would by law have to reach the casino's 2022 contribution of $315 million. MGM says its total headcount would jump from 2,287 to 3,057 and it promises that some gaming operations could begin by June 2027.

Caesars Palace is proposing a $5.4 billion casino resort for 1515 Broadway, an office building that currently hosts the Minskoff Theatre, where "The Lion King" now plays. The plan includes $250 million in "community support," including funds for a civil rights museum and Broadway tickets for disadvantaged families. The proposal, which is put together by Caesars, SL Green and Roc Nation, an entertainment company founded by Jay-Z, estimates that it’ll produce $7 billion in state and local taxes and fees over the first 10 years, putting its annual tax revenue at about $700 million. It promises 3,800 permanent jobs and 3,000 construction jobs, a 992-room hotel, a 150,000 square foot casino floor and a Sportsbook with a Jay-Z club. Like its competitors at Aqueduct and Yonkers, Caesars Palace emphasizes how it could quickly get a casino up and running, since the building is already in place.

The Avenir, a $7 billion casino resort planned by Silverstein Properties, Rush Street Gaming and Greenwood Gaming & Entertainment, for Manhattan’s far West Side, would boast 2,000 apartments, including 500 units of affordable housing, along with its resort. While The Avenir’s executive summary did not specify its total tax revenue estimates, it said it would produce $2.5 billion in revenue for the Metropolitan Transportation Authority by its 10th anniversary. That amounts to $250 million a year in state tax revenue. It promises 4,000 construction jobs and 5,000 total permanent jobs and would feature a 1,000-room Hyatt hotel, a public art gallery, an outdoor pool and an entertainment venue.

Freedom Plaza would be located on Manhattan’s East Side. While its proposal says the total investment amounts to $11.1 billion, only about $6 billion of that is in the capital and construction costs. Freedom Plaza said its total net revenue would amount to $2.2 billion in year 1, and $4.2 billion in year 10, but did not include tax revenue proposals or a tax rate in its published summary, so it’s impossible to calculate what its plan would mean for state and local coffers. The gaming floors would total 580,000 square feet, the hotel would include 1,251 rooms and the complex would add 1,049 housing units, including 515 earmarked for affordable housing. The project promises a Community Reinvestment Fund that’ll include $5 million annually, or 2% of gaming profits — whichever is higher.

Le jeux sont fait... The bets are down.

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Toll booths opened on the Southern State Parkway 71 years ago this week.

Between exits 13 and 14 in Valley Stream, cars had to pay 10 cents each to continue the journey into a suburbia that was booming back in 1954. The new tolls — an idea of urban planner Robert Moses — were put in place to finance $40 million in highway improvements.

The editorial board back then highlighted the efforts of Belle Harbor attorney Robert T. Love, who filed a lawsuit asking the judge for an immediate injunction to stop the dime toll. He ultimately backed down because of the $3 million bond the judge required him to post until a ruling on the merits of his case was made. Instead, planning to sue after the project was done, he wanted motorists to be given receipts for their 10 cent toll so that they could be reimbursed if he won the lawsuit.

"This is reasonable enough in theory but hardly so in practice," the editorial board wrote. "Last weekend, 214,000 cars went through the toll gates. That’s a lot of receipts and a lot of resulting traffic jams." Cartoonist Cliff Rogerson also had some commentary on the tolls.

No word on whether Love’s lawsuit ever happened, but 24 years later the tolls met their demise like he wanted. After an increase to 25 cents in 1975, the toll was removed in 1978 when the New York State Department of Transportation took over control of the parkways from Moses’ Long Island State Park Commission.

Amanda Fiscina-Wells [email protected]