A racino for New York City — an 11th hour proposal from Cuomo designed to limit opposition from existing
racino operators for an expansion of non-American Indian table - top gaming — has been jettisoned, Bonacic said.
For a region that lags the rest of the state in employment,
racino operators are pinning their hopes on the amendment passing.
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.
Racino operators say it makes the most sense to expand their facilities into full - fledged, Vegas - style casinos.
The bill has come under fire from
racino operators, who point out the revenue generated from fantasy sports wouldn't go to education.
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.
Cuomo is supporting Aqueduct
racino operator Genting's plan to spend $ 4 billion to build the nation's biggest convention center adjacent to the Queens racetrack in exchange for state approval to expand racinos run by the Malaysian - based gaming giant.
SARATOGA SPRINGS — Aqueduct Entertainment Co. plans to appeal last week's court decision and seek an injunction that could delay selection of an Aqueduct
racino operator.
Former Congressman Rev. Floyd Flake, an investor in Aqueduct Entertainment Group and the leader of a publicly - subsidized housing empire in Queens, is coming under close scrutiny as a federal probe into the selection the new Aqueduct
racino operator gets underway.
Not exact matches
Once the state signs a contract with an
operator,
racino construction is expected to take 12 to 18 months, meaning it could open anytime from late 2011 to early 2012.
Last week, Paterson requested new bids for potential
operators of a
racino at Aqueduct Racetrack, the latest action following his withdrawal of support for Aqueduct Entertainment Group LLC in March amid state and federal investigations into an allegedly corrupt selection process.
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.
A well - funded push back to the fantasy sports bill has also come from
operators of the state's
racinos.
Cuomo, however, said the state would pursue the Queens project as a $ 4 billion joint venture with the private
operator of the Aqueduct
racino.
Sampson was criticized in a state inspector general report for leaking information to a favored
operator during the ugly Aqueduct
racino bidding process last year.