A New York panel on Monday approved three proposals to build casinos in the city, including two owned by companies that already have casinos in Atlantic City, with whom they will now be competing. According to the Press of Atlantic City, the state Gaming Commission is expected to formally issue the licenses before the end of the year, as the gambling revenues are already factored into the state budget. Bally’s plan to spend $4 billion building a casino at the Ferry Point golf course in the Bronx . In nearby Queens, billionaire New York Mets owner Steve Cohen has proposed building a $8.1 billion Hard Rock casino on a parking lot of Citi Field.