Ultimately, in an acknowledgment of the increasingly
crowded gambling market, the state board wound up awarding three licenses, not four: a $ 300 million casino in Schenectady, north of Albany; a $ 450 million resort in the Finger Lakes town of Tyre; and, in the Catskills - Mid-Hudson area, a $ 750 million project near Monticello.
Not exact matches
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But the report says uncertainty over location and customers, as well as competition with other
gambling operations in the
crowded Northeast
market, make it hard to quantify the new casinos» financial benefits.