ALBANY — A giant Malaysian gaming and resort entertainment firm with worldwide clout is in line to turn over $ 380 million to the state and gain the rights to build and operate the long - delayed video
slots parlor at the state's Aqueduct Race Track in Queens.
Not exact matches
«The conversation with Genting» will be about «the expansion of the racino,» Cuomo said, referring to the limited gambling
parlor currently
at Aqueduct that includes
slot machines but no live gambling tables for games like poker or roulette.
Currently, gambling is restricted to tribal lands and in
slot machine
parlors located
at racetracks.
Michael Wilton, executive director of the New York Gaming Association, an Albany - based lobbying group representing the state's nine VLT
parlors, said putting
slots at Belmont «will just cannibalize gambling dollars and threaten existing jobs.»
The arrangement would solve Nassau's problem of finding a location for a video
slots parlor — which has been met with staunch opposition
at more than one proposed site — while guaranteeing the county a revenue stream through OTB.