The plan includes a tax credit for manufacturers, boosting tourism, selecting sites for
casino gaming resorts and other economic investments.
Governor Andrew M. Cuomo this week signed the Upstate NY Gaming Economic Development Act, a new law that, pending approval of a referendum this fall, will establish four destination
gaming resorts in Upstate New York.
In Cuomo's perfect world, New York's three newest casinos would be destination
gaming resorts built in the Catskills / Hudson Valley, greater Capital Region and the Southern Tier / Finger Lakes.
Despite increased competition from new facilities, Turning Stone Resort Casino has been named New York state's «best
overall gaming resort» in an annual ranking published by Casino Player magazine.
• Studio City International, a Hollywood
inspired gaming resort in Macau, has filed confidentially for an IPO of ADSs with the SEC, the company announced Monday.
Lifescapes International has designed the landscape environment for Paradise City, a $ 1.1 billion, fully integrated entertainment and
gaming resort complex totaling 83 acres in Incheon, South Korea.
Prominently situated on a hill overlooking the Potomac, MGM National Harbor will open its doors to the public at 11 p.m. tonight, introducing the first
luxury gaming resort to the Capital Region.
In Gov. Andrew Cuomo's perfect world, New York's three newest casinos would be
destination gaming resorts built in the Catskills / Hudson Valley, greater Capital Region and the Southern Tier / Finger Lakes.
VERONA, NY — Turning Stone Resort Casino has been named New York state's «best
overall gaming resort» in an annual ranking published by Casino Player magazine.
Cuomo has branded the legislation the «Upstate New York Gaming Economic Development Act» and he says he hopes to establish «world - class destination
gaming resorts» to bring jobs and boost local economies.
«Today's agreement with the Legislature would establish world - class destination
gaming resorts to attract tourists to Upstate New York, generating economic activity for local businesses and creating thousands of good paying jobs where we need it most,» Cuomo said in a statement today touting the deal.
«
A gaming resort development program to grow jobs upstate was an initiative of Governor Cuomo's, and we will work with all elected officials who support the measure to educate voters about the referendum.»
Destination
gaming resorts are authorized in three regions of the state: the Hudson Valley — Catskill area, the Capital District - Saratoga area, and the Central - Southern Tier.
No destination
gaming resorts can be authorized in Westchester, Rockland, Putnam, New York City, or Long Island.
Destination
gaming resorts will be selected competitively based on the economic development impact of the resort.
«This new law will bring the state one step closer to establishing world - class destination
gaming resorts that will attract tourists to Upstate New York and support thousands of good paying jobs as well as new revenue for local businesses.