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Casino

Fairfax County, Va. casino bill advances, others stall

The proposal requires any casino development to be part of a mixed-use project totaling at least 1.5 million square feet and mandates voter approval through a local referendum before any casino could move forward. The bill now heads to the governor for consideration.

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Mamdani

NYC's fiscal outlook on downslide over budget gaps

A report issued Wednesday by Moody's – one of the nation's big three credit rating agencies – warned investors that it may soon lower New York City’s AA credit rating and change the city’s credit status to "negative" from "stable" while affirming its Aa2 issuer rating, citing “sizable and persistent projected budget gaps."