Sentences with phrase «for racinos»

Based on calendar year data, revenues for racinos in New York went from $ 878 million in 2013 to $ 864 million in 2014 for a drop of almost 2 percent.

Lawmakers had reached a tentative agreement on casinos yesterday, with a cap on two casinos per region and more equitable revenue sharing for racinos placed near casinos.

At issue for the racinos was the concern the original proposal would have given a competitive advantage to the casinos, which are due to be constructed north of the New York City area in the first round.

Featherstonhaugh's group is pushing for the racinos to be the priority sites for the seven proposed new casinos; the outcome of the Seneca exclusivity case could determine if the western New York racinos could be in the mix.

If Genting fails to make it through the process and doesn't pass muster with the Senate, Assembly and Gov. David Paterson, then it's back to the drawing board — for a third time — in the search for a racino operator.

A group of state lawmakers from the Mohawk Valley is asking for New York Governor Andrew Cuomo's help in pressing Assembly Speaker Carl Heastie to introduce a relief package for a racino.

The negotiations floundered after Genting raised issues over exclusivity rights for their racino at Aqueduct.

True, many New York City people will travel to Saratoga for the horse season, but they do not travel that far for the racino, nor do they travel to the Turning Stone.

Not exact matches

Since reopening Vernon as a racino in 2006 we have given almost $ 150 million to the State for education.

The report pointed to advantages Lago will have over its competition, such as the Batavia Downs and Finger Lakes racinos, including location and a favorable tax structure for slot machines and table gaming.

Lawmakers are also considering measures for financial relief for the Vernon Downs racino in the Mohawk Valley, speed cameras for New York City.

The omnibus extraordinary session package also provides a financial incentives to entice Vernon Downs racino and harness track to remain open; offers $ 55 million in relief for Lake Ontario communities ravaged by flooding; tweaks a law to allow New York City first responders to receive an accidental disability pensions even if they don't receive a federal Social Security disability pension; and creates a 250 - acre forest land bank to allow for certain public utility projects under a constitutional amendment.

Batavia Downs will continue to lobby the state for a tax break to allow it to keep a higher percentage of net winnings after such a proposal was not included in this year's state budget, the racino's chief operating officer said.

The Shinnecocks haven't bid on the Aqueduct racino and shouldn't «cause concern» for potential bidders, the Paterson administration said.

Legislation allowing for Aqueduct's racino was approved in 2001 but the facility hasn't been built because of the state's failure to reach an agreement.

Last week, Paterson requested new bids for potential operators of a racino at Aqueduct Racetrack, the latest action following his withdrawal of support for Aqueduct Entertainment Group LLC in March amid state and federal investigations into an allegedly corrupt selection process.

State Comptroller Tom DiNapoli is pushing back against a Post report that quoted an anonymous Paterson administration official slamming his «inept» office for holding up the Genting NY Aqueduct racino contract.

«I was quite surprised by it because we've had fantasy sports around for 10 years and the racinos have never said a word about it,» Bonacic said.

So the racino's owners asked Sen. Tom Libous, R - Binghamton, for a state grant to build a wastewater treatment plant.

FLUSHING — From restored funding for senior centers to ambitious proposals for convention centers at the Aqueduct racino, Helen Marshall dwelled mostly on the positives for Queens during her State of the Borough address on Tuesday.

Gordon Medenica, who has been the state Lottery Division's director the past five years and serves in an advisory role, provided a way to make up for lost lottery revenue if racinos lose business.

The session was high stakes for Jeff Gural, owner of Vernon Downs harness track and video lottery «racino» in Oneida County.

Wilmot continues his push for at least two years for the state's last available racino license, a state requirement to open a harness race track with video slot machines.

The owner of the Oneida County racino is hoping for some tax relief that the Legislature failed to pass before they adjourned last week.

The Senecas have withheld more than $ 450 million in payments to the state, because it believes New York has violated its 2002 exclusive rights gaming compact by allowing for gaming devices at so - called racinos, like the Hamburg Fairgrounds and Batavia Downs.

Some members of bidding teams that vied for the rights to build and operate an Aqueduct racino are exploring partnerships in the new round of requests for proposals, according to people with ties to the groups.

«The conversation with Genting» will be about «the expansion of the racino,» Cuomo said, referring to the limited gambling parlor currently at Aqueduct that includes slot machines but no live gambling tables for games like poker or roulette.

Bill sponsors insisted they had the votes available for a Friday vote on the measure, but the effort has been met with stiff resistance from racino operators, who spent much the day personally lobbying lawmakers in the Senate.

Fearing what could be a 40 percent reduction to video lottery terminal business in the racino at their track, a group of horsemen based at the Finger Lakes Racetrack in Ontario County are calling for the proposed Lago casino to make up some of the difference in order to support the thoroughbred racing there.

Gov. Andrew Cuomo has raised concerns about the different formulas by which racinos make revenue - sharing payments to the state, and has termed it a «scandal» for the way in which some racino contracts were awarded.

Language for a new New York City racino was removed, but video lottery terminals for Long Island was added.

For a region that lags the rest of the state in employment, racino operators are pinning their hopes on the amendment passing.

The New York Gaming Association, which advocates for the interests of the state's nine racinos, filed a complaint alleging that several entities pushing a bill that would legalize daily fantasy sports betting have improperly failed to register as lobbying entities.

A racino for New York City — an 11th hour proposal from Cuomo designed to limit opposition from existing racino operators for an expansion of non-American Indian table - top gaming — has been jettisoned, Bonacic said.

The New York Gaming Association, which represents the state's nine racinos, announced its backing of the casino bill, declaring it would throw its «full support» behind the expansion and the November referendum for a constitutional amendment.

Cuomo proposed a new plan for New York's Finger Lakes Racetrack designed to compensate for the gambling dollars moving away from that track's racino to the nearby, newly - opened del Lago casino.

In June, Gural said that would likely allow the racino to break even for this year.

«Obviously there are going to be some unhappy people,» said Jeff Gural, owner of the Tioga Downs harness track and racino, one of three applicants for a license in the Southern Tier - Finger Lakes region.

As citizens and politicians lead the call to thwart developers from expanding the Saratoga Racino, a choice piece of real estate belonging to a politically - connected family is emerging as a tempting alternative location for a new casino.

The governor, in a question and answer session with reporters, sought to put more space between himself and Genting, saying it was really his predecessor, Governor Paterson, who forged the deal for Genting to run the racino at the Queens Aqueduct race rack.

The Empire Resorts selection allows the company — which already operates Monticello Casino & Raceway, a harness track and racino in Sullivan County — to formally apply to the state Gaming Commission for a license, likely a formality.

It's about as depressed an area as there is and when you had a chance to help these people, with the fracking and the casino, they give them this doubleheader,» said Jeff Gural, owner of Tioga Downs racino, which had bid for a casino license.

Cuomo is supporting Aqueduct racino operator Genting's plan to spend $ 4 billion to build the nation's biggest convention center adjacent to the Queens racetrack in exchange for state approval to expand racinos run by the Malaysian - based gaming giant.

For instance, they want to lower from 27 to 7 the various tax rates that racinos across the state pay.

Top Senate Democrats have to lay their cards on the table for the state inspector general's probe into the controversial Aqueduct «racino» deal, a judge ruled yesterday.

The largest gambling company in Southeast Asia is the last bidder standing in the quest for the Aqueduct racino contract.

Tabone criticized Braunstein about contributions he accepted, including $ 25,000 from one developer funneled through limited liability companies — which both camps admitted was legal — and large donations from Guardian Life, a company under investigation by the state attorney general's office, and Delaware North, a bidder for the scandal - plagued Aqueduct Race Track racino contract.

The final legislation renames the Tappan Zee Bridge after former Gov. Mario Cuomo; provides a financial incentive package to entice Vernon Downs racino and harness track to remain open; offers $ 55 million in relief for Lake Ontario communities ravaged by flooding; tweaks a law to allow New York City first responders to receive an accidental disability pensions even if they don't receive a federal Social Security disability pension; and creates a 250 - acre forest land bank to allow for certain public utility projects under a constitutional amendment.

The state's fifth round of requests for proposals to develop and operate the long - delayed Aqueduct racino in Ozone Park, Queens drew three bidders before yesterday's deadline, Crain's reported.

Rev. Floyd Flake and rapper Jay - Z have each withdrawn themselves from Aqueduct Entertainment Group amid ongoing federal and state investigations into the group's controversial and surprise selection as the developer for the new Aqueduct racino in Queens.