Mr. Gural owns two
racinos in Upstate New York; Tioga Downs and Vernon Downs.
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?
The racinos in Monticello, Saratoga Springs and Tioga County can apply to become full casinos based on their locations.
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.
Since reopening Vernon as
a racino in 2006 we have given almost $ 150 million to the State for education.
Lawmakers are also considering measures for financial relief for the Vernon Downs
racino in the Mohawk Valley, speed cameras for New York City.
Silver says he supports a single casino as long as it's located in a less densely populated area such as the Aqueduct
racino in Queens.
As a business partner with the state, we disagree over
racino in our zone.
Gov. Andrew Cuomo in a statement Wednesday said he would back a bill design to aid the Vernon Downs
racino in the Mohawk Valley and urged lawmakers from the area to pass a bill.
He was referenced in a scathing Inspector General's report into a possible bid - rigging scam involving Senate Democrats during the awarding of the Aqueduct
racino in Queens.
At the end of the last legislative session, Jeff Gural, the majority owner of Vernon Downs harness track and
racino in Vernon, got lawmakers to grant what amounted to a $ 2 million tax cut after he said he would otherwise close down, costing 300 jobs in the process.
The Empire Resorts selection allows the company — which already operates Monticello Casino & Raceway, a harness track and
racino in Sullivan County — to formally apply to the state Gaming Commission for a license, likely a formality.
The state's fifth round of requests for proposals to develop and operate the long - delayed Aqueduct
racino in Ozone Park, Queens drew three bidders before yesterday's deadline, Crain's reported.
Rev. Floyd Flake and rapper Jay - Z have each withdrawn themselves from Aqueduct Entertainment Group amid ongoing federal and state investigations into the group's controversial and surprise selection as the developer for the new Aqueduct
racino in Queens.
Some of those casinos have felt the pinch of more regional competition, including the debut in 2011 of highly lucrative Resorts World Casino,
a racino in the New York City borough of Queens.
Yet so far, the Tioga Downs
racino in the town of Nichols, whose proposal failed to win over the board in the first round of bidding, is the only contender.
The racino in the town of Nichols was one of two Southern Tier applicants.
Developer Jeff Gural threatened to shut down money - losing Vernon Downs, a harness track and
racino in central New York, unless the state gave him a better deal.
Onondaga County legislators voted 11 - 8 Tuesday to approve a non-binding endorsement of a planned
racino in Cicero.
Not exact matches
In April 2016, the company opened an addition to JACK Thistledown
Racino that included the Italian eatery as well as Millcreek Grille, a classic American concept; and Cleo's, a bar offering craft beer and live entertainment.
«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.
The first hit came from The Post, which reported the IG's investigators believe Sampson leaked an internal memo to the politically connected AEG, assisting the firm
in landing the first Aqueduct
racino contract.
Batavia Downs will continue to lobby the state for a tax break to allow it to keep a higher percentage of net winnings after such a proposal was not included
in this year's state budget, the
racino's chief operating officer said.
A bombshell IG report released
in October 2010 found Senate Democratic Conference Leader John Sampson, former Senate President Malcolm Smith and Sen. Eric Adams might have violated the Public Officers Law
in «unduly conferring benefits or favoritism and acting
in violation of their public trust» when awarding the politically connected AEG the Aqueduct
racino cotnract.
A group of state lawmakers from the Mohawk Valley is asking for New York Governor Andrew Cuomo's help
in pressing Assembly Speaker Carl Heastie to introduce a relief package for a
racino.
Legislation allowing for Aqueduct's
racino was approved
in 2001 but the facility hasn't been built because of the state's failure to reach an agreement.
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.
In Saratoga Springs, home to a Racino, the city council came out against «upgrading» to a casino model, prompting developer Saratoga Casino And Raceway to look to places like Newburgh in Orange County and East Greenbush in Rensselaer County as potential casino site
In Saratoga Springs, home to a
Racino, the city council came out against «upgrading» to a casino model, prompting developer Saratoga Casino And Raceway to look to places like Newburgh
in Orange County and East Greenbush in Rensselaer County as potential casino site
in Orange County and East Greenbush
in Rensselaer County as potential casino site
in Rensselaer County as potential casino sites.
Jeffrey R. Gural, the chairman of Newmark Knight Frank and the owner of two upstate
racinos that are members of the New York Gaming Association, said he had contributed about $ 200,000 last year to the committee, chiefly because he supported Mr. Cuomo's agenda and shared the governor's view that public employees unions had grown too powerful
in Albany.
Sampson said the IG's report «highlights the well - known flaws
in the selection of a bidder» to operate the Aqueduct
racino, noting the process «lacked structure» and was twice scrapped and re-opened.
... And, let us not forget that the legacy of the AEG mess
in connection with the
racino has yet to be written, since the matter remains under investigation.
They say a casino there would hurt
racino operations
in Yonkers.
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.
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.
The session was high stakes for Jeff Gural, owner of Vernon Downs harness track and video lottery «
racino»
in Oneida County.
Three of the other four Republican party bosses also said that Smith, who was mired
in the Aqueduct
Racino bidding scandal, also panned his bid, the paper said.
The Senecas have withheld more than $ 450 million
in payments to the state, because it believes New York has violated its 2002 exclusive rights gaming compact by allowing for gaming devices at so - called
racinos, like the Hamburg Fairgrounds and Batavia Downs.
Some members of bidding teams that vied for the rights to build and operate an Aqueduct
racino are exploring partnerships
in the new round of requests for proposals, according to people with ties to the groups.
I do not want to be
in a po situation where the assumption these tracks have the
racinos and we have to figure out how to get money from them.»
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.
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.
Gov. Andrew Cuomo has raised concerns about the different formulas by which
racinos make revenue - sharing payments to the state, and has termed it a «scandal» for the way
in which some
racino contracts were awarded.
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.
It would appear Sampson is going to have some legal bills to pay, since he was involved
in the AEG
racino contract mess now under investigation by the feds.
«The governor and Legislature need to acknowledge the faith the betting public has
in the
racinos currently operating and the importance of each to education and agriculture
in New York state,» said Gary Greenberg, a minority owner at Vernon Downs racetrack
in central New York.
From the Pensongate Scandal to Espada to
Racino to Paterson the Democrats are
in big big trouble.
For a region that lags the rest of the state
in employment,
racino operators are pinning their hopes on the amendment passing.
At issue for the
racinos was the concern the original proposal would have given a competitive advantage to the casinos, which are due to be constructed north of the New York City area
in the first round.