Developers seeking up to four lucrative
licenses from the state Gaming Commission have told officials on the casino location board that a casino placed in Orange County would likely cut off any revenue for a casino built in the Catskills to the North.
Not exact matches
His remarks came a day after the Rivers Casino and Resort at Mohawk Harbor got the nod for a
license from the
state's
Gaming Facility Location Board for the Capital Region / Hudson Valley section by beating out competing proposals in Rensselaer, East Greenbush and Schoharie County.
By reducing the
licensing fee
from $ 50 to $ 25 million you're reducing that upfront costs which makes this project viable, but the
state would recoup every penny of that fee reduction over a period of tiem through an increased percentatge of the
gaming revenue,» said Ossenfort.
Earlier today, Cuomo said he saw almost no reason the siting board's recommendations to the New York
Gaming Commision would not will full approval and
licensing from the
state.
The
Gaming Facility Location Board chose Empire Resorts» proposal for the Montreign Resort Casino, at the former Concord hotel site in the town of Thompson, as the lone applicant in the Catskills - Hudson Valley region that will be allowed to receive a gambling
license from the
state.
State officials have barred the group
from receiving its
gaming license,...
Tioga Downs in Nichols received the news
from the
State Gaming Facility Location Board, to go ahead with plans to expend for a full - scale casino, The board denied their bid last year, and gave the Southern Tier Casino
license to... Continue reading →
State officials have barred the group
from receiving its
gaming license, following weeks of corruption rumors surrounding Governor David Paterson's selection of the group for the racetrack and gambling development contract.
Rush Street stressed that EB - 5 money is not needed to get the project built: «Rivers Casino & Resort's financing is in place and upon receiving our
license from the New York
State Gaming Commission we are ready to begin construction on our facility,» the company said in a statement.
Earlier today, a siting board for the
state's
Gaming Commission recommended Lago and two other Upstate casino projects for
licenses from New York.