Sentences with phrase «if racinos»
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.
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«I think one of the issues that you have to really look at is if we expand a casino location or gaming are we just going to be recycling money that's already out there being spent at other racinos or perhaps some of the Indian gaming sites in the state or will we be bringing in revenue that right now may be going to a location in Connecticut or Atlantic City or what have you.»
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.
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.
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.
«This was Governor Cuomo's baby and it's failed, and if it's true that del Lago's failing and if it's true that Seneca Nation is failing and the racinos, this is all a failed economic development strategy by Governor Cuomo and this really lays at his feet and no one else's,» he said.
Here's the long - awaited audit of NYRA by state Comptroller Tom DiNapoli's office, which (unsurprisingly) concludes the cash - strapped racing association is going to run into serious problems if the Aqueduct racino contract doesn't materialize.
But it may not work without gambling, and certainly any other racinos throughout the state, if others get full - fledged gambling, I'm sure they're going to want it.»
If it were to be allowed in New York, most agree that the state's casinos and racinos, which offer video lottery terminals and OTBs, would want to participate.
A recent report by state Comptroller Tom DiNapoli found NYRA would run into serious financial problems if the Aqueduct racino contract cash didn't materialize ASAP.
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.
As new casinos open, or if existing racinos are converted to casinos, it is likely that much of the customer base for such facilities will also be in New York.»
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.