Sentences with phrase «existing video lottery»

YONKERS - In the face of New York State's $ 15 billion budget gap, Senator and Deputy Majority Leader Jeff Klein (D - Bronx / Westchester), joined by Senator Andrea Stewart - Cousins (D - Yonkers), and the Director of the NYS Lottery, will propose the expansion of gaming options at the New York State's existing video lottery terminals (VLTs) and electronic gaming tables as a way to generate a projected $ 145 million in education funding.

Not exact matches

A new report finds that growth has been at the expense of other already existing gambling businesses like video lottery terminal casinos.

Cahill's legislation would allow video lottery terminal, or VLT, licenses in Ulster County for two existing resorts, though the bill does not name specific businesses.

«While I do not believe that establishing gambling venues is a panacea, creating a limited number of Video Lottery Terminals in Ulster County will provide for significant job creation and greatly enhance the attractiveness of existing resort destinations,» Cahill said in a statement.

The proposal by Cahill, D - Kingston, and Seward, R - Milford, would amend state tax law to allow two existing resorts in Ulster County to install video lottery terminals, commonly called VLTs, operated by the Catskill Regional Off - Track Betting Corp..

In a press release issued Friday, Eliot Spitzer (not the former New York governor), owner of the Hudson Valley Resort and Spa in Kerhonkson, said although the bill didn't make it before the full Legislature, it brought to the fore the issue of allowing video lottery terminals in existing resorts.

Because Gural's plan involves adding on to the existing harness track and video lottery machine «racino,» it calls for a smaller dollar amount.

And while they are entering a crowded field, analysts believe the existing racinos, or combination harness tracks and video lottery terminal parlors, face the stiffest challenges, especially if they are near newly built casinos.