Sentences with phrase «casino license from the state»

At the time, Michael Treanor, the owner of the former Nevele resort in Wawarsing, was hoping to get a casino license from the state, and he warned that legislation allowing VLTs in Ulster County could undermine that effort.

It's just the latest push to strengthen their bid for a full casino license from the state.

Not exact matches

At the urging of state lawmakers and from Tioga Downs itself, Cuomo called for a new casino siting and licensing process for the Southern Tier.

His remarks came a day after the Rivers Casino and Resort at Mohawk Harbor got the nod for a license from the state's Gaming Facility Location Board for the Capital Region / Hudson Valley section by beating out competing proposals in Rensselaer, East Greenbush and Schoharie County.

Still, Mr. Cuomo was awash in criticism from elected officials and residents in the Southern Tier, a far more sparsely populated region near the Pennsylvania border where unemployment runs high, after the state board rejected proposals for a casino license in that area.

The state is to get a total of $ 151 million in one - time licensing fees from the developers of the casinos that have been approved and, presumably, over $ 250 million in annual tax revenue once the casinos begin operating.

Both companies are currently pursuing a New York State casino license for the Capital View Casino & Resort in East Greenbush, across the Hudson from Acasino license for the Capital View Casino & Resort in East Greenbush, across the Hudson from ACasino & Resort in East Greenbush, across the Hudson from Albany.

Some lawmakers are opposed to helping a facility that won a state bid for a casino license in 2014 and vowed it could succeed — despite concerns from the outset that it faced stiff competition.

Developers seeking up to four lucrative licenses from the state Gaming Commission have told officials on the casino location board that a casino placed in Orange County would likely cut off any revenue for a casino built in the Catskills to the North.

Four years after Cuomo promised a jolt to the upstate economy with the expansion of state - sanctioned gambling, state regulators gave licenses to three for - profit operators to open full - blown casinos in regions from the Finger Lakes to the southern Catskills.

The state last year received an upfront licensing fee payment of $ 380 million from the casino operators, Genting New York.

Still, Wilmot won overwhelming support from elected officials there, a requirement to compete for the state - issued casino licenses.

The Gaming Facility Location Board chose Empire Resorts» proposal for the Montreign Resort Casino, at the former Concord hotel site in the town of Thompson, as the lone applicant in the Catskills - Hudson Valley region that will be allowed to receive a gambling license from the state.

ALBANY — Companies involved in bidding for casino licenses in New York State spent nearly $ 11 million on lobbying and campaign donations in 2012 and 2013, and are donating hundreds of thousands of dollars to campaign committees through holding companies, according to a new report from the New York Public Interest Research Group.

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Support from a local government body is a key component under the state's Request For Applications for a casino license.

Cuomo's administration has angered some Binghamton - area voters by banning hydrofracking in the state, and by initially denying a casino license to any bidders from the Southern Tier.

Jeff Parr, chief executive officer of Toronto - based Clairvest Group Inc., said his group needs the state to reduce the casino license fee by half, to $ 25 million from $ 50 million.

A state senator from the Hudson Valley has introduced legislation that would allow for up to seven casino licenses, three of which would be for the Catskills.

Because the casino will be built on what is now Oneida Nation land, no permission or license is needed from federal, state or local governments to open the casino, according to federal law and agreements between the state and the Oneidas.

DeLeo says the proposed state budget for the fiscal year that begins July 1st assumes $ 54 million in licensing revenue from the casino law.

He and his son Asher have lined up four sites, from Albany to Orange County, to compete for the four state casino licenses that are to be granted for upstate New York.

Rush Street stressed that EB - 5 money is not needed to get the project built: «Rivers Casino & Resort's financing is in place and upon receiving our license from the New York State Gaming Commission we are ready to begin construction on our facility,» the company said in a statement.

Earlier today, a siting board for the state's Gaming Commission recommended Lago and two other Upstate casino projects for licenses from New York.