New York
Related: About this forumCasino companies' optimistic jobs estimates
Laura Nahmias
Sterling Forest Resort, the Malaysian gambling company Genting’s proposed casino project in Orange County, would “create over 4,900 jobs,” once completed, the casino’s backers said in an executive summary provided to the state.
But that number is nearly twice as high as the 2,900 permanent jobs the state’s budget and economic development agencies say would be created by all four casinos proposed for upstate New York.
As 16 different companies vie to build the four casinos, they are attempting to garner local support for their projects by touting the direct and indirect economic impacts their projects would have on economically depressed upstate counties, where high unemployment rates and the slow disintegration of the manufacturing industry have led to a decades-long decline.
The state actually estimates the four casinos would create 4,000 permanent jobs, but that 1,100 of those would be positions that would be lost at gambling-related industries throughout the state, such as racinos.
http://www.capitalnewyork.com/article/albany/2014/07/8549630/casino-companies-optimistic-jobs-estimates
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