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Andrew Yang wants to provide a scaled bank version of universal basic income for those most in need in New York City. FOX Business' Kristina Partsinevelos with more. New York City mayoral candidate Andrew Yang said Wednesday that the city could benefit financially from the development of a casino despite the "many downsides" of the business. As the city faces a $15 billion deficit after nearly a year of COVID-19, developers are looking toward the possibility of opening a casino that could generate hundreds of thousands of dollars in revenue, according to The New York Times. "We need big ide...

Yang backs NYC casino idea despite 'many downsides' By Audrey Conklin Andrew Yang FOX 5 NY speaks with New York City Mayoral candidate Andrew Yang about his run for office and his plans for the city. New York City mayoral candidate Andrew Yang said Wednesday that the city could benefit financially from the development of a casino despite the "many downsides" of the business. As the city faces a $15 billion deficit after nearly a year of COVID-19, developers are looking toward the possibility of opening a casino that could generate hundreds of thousands of dollars in revenue, according to The ...

With commercial real estate slumping, casino interests are lobbying the state to grant early approval for city-based casinos.