Trading Cove and the Stockbridge - Munsee Community of Wisconsin said Thursday that they will not bid for
a state gaming license in the Sullivan County town of Thompson.
Not exact matches
Meanwhile, Nevada regulators moved on Thursday to reclassify DFS as gambling, requiring FanDuel and DraftKings to either obtain
gaming licenses or cease operations in the
state.
Last month, Nevada's
Gaming Control Board ruled that daily fantasy sports operators (including Yahoo and all the smaller players too) are gambling operators and that, as such, they must obtain gambling
licenses to continue offering paid contests in the
state.
The Group also holds the exclusive
license for
gaming activities in the
State of Nevada and
licenses the owner / operator of the Hooters Casino Hotel in Las Vegas.
As expected,
state gaming regulators on Tuesday approved a casino
license for the Tioga Downs Casino in the town of Nichols — adding a fourth casino to upstate New York.
The New York
Gaming Commission is reviewing how the court decision could affect the
state, and it would still need to
license the four casinos before they can take sports bets.
Finger Lakes
Gaming and Raceway filed a lawsuit arguing that the
state casino location board hadn't taken into account how the
license awarded to the Lago casino project in Seneca County would affect existing gambling venues.
A principal consultant hired by the
state to assist in casino
licensing said he has worked for 100
gaming companies in the past decade, but doesn't think that will conflict with his duties in New York.
His remarks came a day after the Rivers Casino and Resort at Mohawk Harbor got the nod for a
license from the
state's
Gaming Facility Location Board for the Capital Region / Hudson Valley section by beating out competing proposals in Rensselaer, East Greenbush and Schoharie County.
«On behalf of my family, everyone at Wilmorite and our Lago Resort & Casino partners, employees and supporters, I want to thank the New York
State Gaming Commission for the trust they have shown in us,» Wilmot said in a prepared statement issued seconds after the commission unanimously approved the
license in New York City.
SYRACUSE, N.Y. - The
state today awarded a lucrative
gaming license to Thomas Wilmot, a Rochester developer who has spent at least 25 years trying to open a casino.
(WBNG)-- Of the four casinos recently awarded full -
gaming licenses by New York
State, Tioga Downs was the first to open.
Nonetheless, on Friday, the governor, who has said he has no role in the approval process, sent a letter to the
State Gaming Commission asking that it reopen bidding for a fourth
license, in the Southern Tier region.
But, the
state must agree to halve the $ 50 million
licensing fee and give the developer and
gaming operator an additional 60 days to refine their plans.
At the same time, Cuomo plans to have the
State Liquor Authority and the
State Gaming Commission boost their oversight efforts by revoking the liquor and lottery
licenses of any store found to be selling K2.
Smaller gambling developments proposed in economically strapped areas should be able to compete with resort projects proposed by big - name companies in more affluent areas, the head of the
state Gaming Commission said of the contest to win up to four casino
licenses upstate.
The Oneida Indians are conducting an extensive TV and radio campaign urging the
state gaming commission to deny Lago one of three
licenses that are due to be rewarded by regulators.
The
state's
gaming facility location board on Wednesday awarded casino
licenses to project bids in Sullivan County, Schenectady and the town of Tyre in Seneca County.
The
state Gaming Commission cleared the way Monday to formally issue private casino
licenses as soon as Sept. 30.
Developers seeking up to four lucrative
licenses from the
state Gaming Commission have told officials on the casino location board that a casino placed in Orange County would likely cut off any revenue for a casino built in the Catskills to the North.
More than a dozen
gaming entities are submitting literally tons of paperwork to
state regulators today to vie for casino
licenses in the first round of siting.
The
state Gaming Commission's
Gaming Facility Location Board huddled last week, indicating it will make its decision as to which
licenses will be issued at the next meeting, which is scheduled for Dec. 17.
The
state's recommendation — which is expected to be formally approved by
gaming regulators — does not include a fourth
gaming license after the facility location board concluded fourth resort would not be economically viable.
The recommendation, which must still be approved by the
state Gaming Commission, is the fourth and final license the state can issue for table - top gaming and casino projects in New
Gaming Commission, is the fourth and final
license the
state can issue for table - top
gaming and casino projects in New
gaming and casino projects in New York.
In a letter to Cuomo released on Tuesday, Dwyer points to Cuomo late last week calling on the
state's
gaming facility location board to re-open the casino siting process in order to award a fourth casino
license to a Southern Tier - based project.
The
state Senate on Tuesday confirmed the nomination of Mark Gearan to be the new chairman of the
state Gaming Commission — a regulatory body that will consider the
licenses of casino developers in parts of the upstate region this year.
The casino
license would be the fourth awarded and comes after the
state's
gaming facility siting board decided in December to only issue three
licenses for casino projects.
- Prohibit casinos «downstate» for five years - Develop a casino siting board that's appointed by the
state gaming commission to recommend who receives a
license
Libous is supportive of the Tioga Downs casino project proposed by developer and businessman Jeff Gural, but the region was virtually shut out of the casino business when the
state gaming facility siting board granted three
licenses last month, not four as the
state law allows.
The payment, which was submitted to the
state Gaming Commission, is for del Lago's casino
license.
There is already a law in the books allowing only the
state's casinos to accept wagers on sporting events, only after they are granted a
license by the
gaming commission.
Nearly a year after officials named the locations for the first commercial casinos in New York,
state regulators have yet to issue
gaming licenses to any of the operators.
By reducing the
licensing fee from $ 50 to $ 25 million you're reducing that upfront costs which makes this project viable, but the
state would recoup every penny of that fee reduction over a period of tiem through an increased percentatge of the
gaming revenue,» said Ossenfort.
------------------------- The New York
State Gaming Commission granted Tioga Downs a Class III commercial gaming license on Tu
Gaming Commission granted Tioga Downs a Class III commercial
gaming license on Tu
gaming license on Tuesday.
Earlier today, Cuomo said he saw almost no reason the siting board's recommendations to the New York
Gaming Commision would not will full approval and
licensing from the
state.
Instead, a siting board for the
state's
Gaming Commission today recommended New York
license the Lago Resort and Casino, 42 miles west of downtown Syracuse.
Cahill, D - Kingston, renewed his call for passage of the bill in December after the
state's
Gaming Facility Location Board rejected the Nevele's bid for a casino
license.
The
Gaming Facility Location Board chose Empire Resorts» proposal for the Montreign Resort Casino, at the former Concord hotel site in the town of Thompson, as the lone applicant in the Catskills - Hudson Valley region that will be allowed to receive a gambling
license from the
state.
The
state Gaming Commission's siting board on Dec. 17 recommended casino
licenses be awarded to proposals in Sullivan, Schenectady and Seneca counties.
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.
Governor Paterson and Sheldon Silver both come under fire, but
State Senate Democratic leader John Sampson gets singled out for his role in trying to push through a group that was «too shady to get a
gaming license,» says the Post.
But Mr. Gural said he did express concern to the investigator about a potential conflict of interest between a winning bidder and a casino consulting firm used by the board that recommended new
licenses to the
State Gaming Commission.
For months, the spokesman for the
state Gaming Commission had repeatedly indicated that the
license for Montreign and two other upstate casinos would be issued by Dec. 31.
This comes less than a month after the
state gaming commission suspended Tioga Downs» lottery retail
license because an employee sold cigarettes to a minor.
Del Lago spokesman Steven Greenberg said the casino has a competitive disadvantage due to changes in circumstance with casinos operated by the Seneca Nation that didn't exist when the
state first awarded its
gaming license.
On Monday, New York
State's
gaming commission awarded three full casino
licenses to the sites that got a recommendation last year, including the Lago Resort in the Finger Lakes town of Tyre.
Gural, the chairman of Newmark Knight Frank and the prospective operator of a casino in New Jersey's Meadowlands, said he was «pleased» that the
state's
Gaming Facility Location Board voted Wednesday to allow him to apply for a full casino
license.
There will be a seven - year exclusivity period during which no further destination
gaming resorts will be
licensed by the
state.
State officials have barred the group from receiving its
gaming license,...
Tioga Downs in Nichols received the news from the
State Gaming Facility Location Board, to go ahead with plans to expend for a full - scale casino, The board denied their bid last year, and gave the Southern Tier Casino
license to... Continue reading →