Genting, based in Malaysia, already operates gambling at the race track in the form
of video lottery terminals, slot like machines that are an extension of the state's lottery contests.
«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.
And despite opposition from anti-gambling advocates, the Saratoga County Chamber of Commerce and Donald Trump, a confluence of events in 2001 led to the legislature's approval
of Video Lottery Terminals (VLTs) at race tracks in New York.
Money for the public matching fund will come from a portion of the county's proceeds
of video lottery terminals at Off - Track Betting parlors.
Gural recently said he wants to cut the number
of video lottery terminal or VLT machines at Vernon Downs from 750 to 550 to free up more space while boosting the facility's catering business.
Not exact matches
The Senate MajDemocrats just issued a press release announcing they are supporting the state
Lottery Division's recommendation
of Genting NY to operate
Video Lottery Terminals at Aqueduct in Queens.
I do not believe that bailing out this casino with people's hard - earned tax dollars is the appropriate way to go about addressing this issue, especially given the fact that there are other gaming facilities with
video lottery terminals who continue to struggle as a result
of casino decisions and have not received the same level
of support now being requested.
And following a recent agreement between Genting Group, the parent company
of Resorts World New York, which is located on Aqueduct grounds, and Nassau County Off - Track Betting, the casino is set to get 1,000 new
video lottery terminals, bringing the facility's gaming capacity to approximately 6,000 VLTs.
A new report finds that growth has been at the expense
of other already existing gambling businesses like
video lottery terminal casinos.
Suffolk County OTB's 6 - month - old
video lottery betting parlor at Jake's 58 Hotel & Casino in Islandia continued its run as one
of the state's most successful this summer after adding 273
terminals in late May.
AEG was the only firm to revise the amount
of its bid, going from lowest to highest in the projected amount
of revenue it would raise through
video lottery terminals at Aqueduct Racetrack in Queens.
[Transportation Alternatives] A law firm hired by Gov. David Paterson to help expedite the Aqueduct Racetrack
Video Lottery Terminal project has ties to one
of the bidders.
The state, which licenses Tioga's racing and
video lottery terminals, takes 37 percent
of the profits.
Racinos, which operate only out
of the state's racetracks, include electronic
video lottery terminals, not table - top gambling and other forms
of gaming found in Vegas - style casinos.
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.
In an accounting
of NYRA's financial condition for the first half
of 2015 prepared for today's board meeting in Saratoga Springs, the association reported an operating loss from racing operations
of $ 6.1 million before income from
video lottery terminals are factored in — a loss that's 25.5 percent larger than the $ 4.9 million operating deficit for racing racked up during the same period in 2014.
With 1,000 new
video lottery terminals coming to the Resorts World racino at Aqueduct in Queens, supporters
of thoroughbred racing are worried that the new devices could eventually detract from the money that the VLT parlor gives to the state's race tracks.
The operators
of a western New York racetrack and
video lottery terminal racino are suing the state over a siting board's recommendation that a full - scale casino license be granted to developers
of the proposed Lago project.
The contract between Resorts World's
video lottery terminal racino at the Aqueduct race track in Queens and the financially strapped Nassau County OTB has been signed and they hope to have almost 500
of what will be 1,000 machines up and running in the next six months.
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 f
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 f
lottery terminals (VLTs) and electronic gaming tables as a way to generate a projected $ 145 million in education funding.
State Sen. John Sampson (D - Brooklyn), the Democratic leader
of the Senate, acknowledged sending a memo to a former colleague - turned - lobbyist representing Aqueduct Entertainment Group that led to AEG changing the terms
of its bid for the
video lottery terminal contract at Aqueduct.
The casino's first 265
video lottery terminals opened at 1 p.m., just hours after the state Gaming Commission issued a certificate allowing the facility to open at Jake's 58 Hotel & Casino, on the north service road
of the Long Island Expressway.
In 2013, the owners
of the Pine Grove Ranch and the Hudson Valley Spa and Resort, both in Kerhonkson, asked Ulster County lawmakers to adopt a resolution calling on the state to allow
video lottery terminals at the two resorts.
The casino has only 265
video lottery terminals, but 34 machines will be added in March, and a total
of 1,000 will be at the site by summer, casino officials said.
WAWARSING >> A plan has emerged to turn the former Nevele Hotel into a state -
of - the - art «Sportsplex» that would include
video lottery terminals.
KINGSTON, N.Y. — David O'Halloran, who resigned last week as vice chairman
of the Ulster County Republican Party, said the lack
of GOP support for his plan to bring
video lottery terminals to his Kerhonkson resort shows the party is less interested in helping local businesses than it is in looking for a «white knight» to ride in and save the county's economy.
On Wednesday, O'Halloran said
video lottery terminals are essential to the continued success
of the Pinegrove and Hudson Valley Resort and the revitalization
of the region.
KINGSTON >> The owners
of two Ulster County resorts are renewing their appeal to the county Legislature to support state legislation that would allow
video lottery terminals at their hotels.
Asking for 750
video lottery terminals at former resort, supplemented by top -
of - the - line athletics and sports fields
For years, Nassau County and its off - track betting corporation have been fighting to site
video lottery terminals, what most
of us call slots.
«A big zero,» said Donald Groth, president and CEO
of the Catskill OTB, who wants to be able to offer
video lottery terminals, or VLTs, in his parlors.
Gural last spring convinced lawmakers and Gov. Andrew Cuomo to grant a tax break to another
of his properties, the Vernon Downs harness track and
video lottery terminal «racino.»
The bill, which would have allowed
video lottery terminals, or VLTs, at two Ulster County resorts, was opposed by county officials, local government officials and at least one area business association who feared it could damage the county's chances
of securing a much - coveted casino license.
KINGSTON >> Legislation to allow
video lottery terminals at resorts in Ulster County is dead for 2014 after failing to make it to the floor
of the state Assembly.
As a state siting board prepares to select locations for four Las Vegas - style casinos in three regions
of New York, including the Hudson Valley - Catskills, Assemblyman Kevin Cahill and Sen. James Seward have introduced legislation to allow
video lottery terminals in Ulster County.
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.
Last year, the owners
of the Pine Grove Ranch and the Hudson Valley Spa and Resort, both in Kerhonkson, asked Ulster County lawmakers to adopt a resolution calling on the state to allow
video lottery terminals at the two resorts.
State Sen. John Sampson has given his approval
of Genting NY's bid for the
video lottery terminal contract at Aqueduct Race Track.
Opponents
of a proposed
Video Lottery Terminal Casino in Suffolk County are suing to overturn its approval by the Islandia Village Board.
In the audit, DiNapoli did acknowledge that NYRA does a good job
of accounting for
video lottery terminal, or VLT, revenue that is used in part for capital improvements.
The Onondaga County Legislature on Wednesday rescinded its year - old endorsement
of a proposed «racino» — a harness raceway with
video lottery terminals — in Cicero.
The project's developer, Rochester's Tom Wilmot, sought the statement
of support from the legislature to improve his odds
of getting state licenses to operate a harness raceway and
video lottery terminals at the former Hancock Air Force Base off East Taft Road in Cicero.
MGAM is a supplier
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terminals, stand - alone player
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Inc. 2014 NLTD (G) 114 Actions — Contracts — Courts — Criminal Law — Practice — Restitution — Torts — Trade Regulation Summary: The two individual plaintiffs sought to bring a class action against Atlantic
Lottery Corp. (defendant), on behalf of a class of persons harmed by video lottery terminals
Lottery Corp. (defendant), on behalf
of a class
of persons harmed by
video lottery terminals
lottery terminals (VLTs).