This is a devastating impact
on the racinos in the state that have provided millions of dollars to the state and our thanks is this idiotic decision?
Cuomo added, «Do you try to find the rhyme or reason
on racinos?
Not exact matches
The Shinnecocks haven't bid
on the Aqueduct
racino and shouldn't «cause concern» for potential bidders, the Paterson administration said.
He pressed Schneiderman
on the findings of a recent report by Inspector General Joseph Fisch, which detailed a litany of abuse regarding the state senator's handling of a controversial deal to build a
racino at the Aquaduct track.
Senator John Bonacic says allowing fantasy sports bets shouldn't infringe
on the money generated by
racinos.
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.
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.
AEC sued the Lottery, Gov. David Paterson and legislative leaders
on July 9, alleging that they wrongfully rescinded the
racino contract that had been awarded to the politically - connected firm.
State Supreme Court Judge Barry D. Kramer granted Aqueduct Entertainment Company (formerly known as AEG) the temporary restraining order it sought, ordering the state Lottery Division to cease the Aqueduct
racino bidding process pending a July 23 hearing
on its lawsuit.
«The main progress was
on the rates that casinos will pay and relief to
racinos that will not get a casino,» Bonacic said.
For a region that lags the rest of the state in employment,
racino operators are pinning their hopes
on the amendment passing.
Negotiators where also able to come to an agreement
on ensuring that revenue to state from
racinos operating near potential casinos would be more equitable.
A joint statement from Senate and Assembly lawmakers
on Tuesday warned the
racino needed a relief package or could face hundreds of jobs losses.
This comes
on the heels of a letter sent last week by the
racinos that predicted the Catskill casino would result in a loss of $ 400 million in revenue, $ 200 million in state education dollars and nearly 1,000 jobs.
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.
The board held off
on awarding a fourth license, and said protecting the
racinos and slot parlors was one reason they didn't award a license in Orange County.
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 decision is critical locally, because New York Racing Association is slated to get a significant share of Aqueduct
racino revenue, much of which would be spent
on Saratoga Race Course improvements.
The gambling legislation lowers the tax rate
on existing
racinos, like Tioga Downs, so they can compete.
She also said quality - of - life issues surrounding the Aqueduct
racino project and repealing the MTA payroll tax, which comes out of payrolls of small businesses in the city, would be
on her radar.
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.
The
racinos in Monticello, Saratoga Springs and Tioga County can apply to become full casinos based
on their locations.
Because Gural's plan involves adding
on to the existing harness track and video lottery machine «
racino,» it calls for a smaller dollar amount.
Wednesday's vote came
on a last - minute resolution submitted by a
racino opponent, Legislator William Meyer, R - Cicero.
The recently released Inspector General report
on the AEG / Aqueduct
Racino contract is widely seen as damaging to the current Senate Democratic leadership.
The Onondaga County Legislature
on Wednesday rescinded its year - old endorsement of a proposed «
racino» — a harness raceway with video lottery terminals — in Cicero.