Sentences with phrase «video lottery terminals»

A new report finds that growth has been at the expense of other already existing gambling businesses like video lottery terminal casinos.

Nassau Regional Off - Track Betting Corp. missed a deadline to pay $ 3 million to Nassau County under a revenue - sharing agreement for video lottery terminals at Aqueduct Racetrack, generating concern about whether OTB will be able to make a $ 20 million payment due next year.

Muscarella also defends his support for video lottery terminals at Belmont Park, a strategy that netted Nassau millions when the machines went to Aqueduct Racetrack instead.

The revenue - sharing agreement between OTB and Nassau grew out of a long - running battle over building a casino with video lottery terminals in Nassau.

KINGSTON >> Legislation to allow video lottery terminals at resorts in Ulster County is dead for 2014 after failing to make it to the floor of the state Assembly.

In a press release issued Friday, Eliot Spitzer (not the former New York governor), owner of the Hudson Valley Resort and Spa in Kerhonkson, said although the bill didn't make it before the full Legislature, it brought to the fore the issue of allowing video lottery terminals in existing resorts.

Money for the public matching fund will come from a portion of the county's proceeds of video lottery terminals at Off - Track Betting parlors.

The legal challenge to the casino expansion plan being heard Friday by a state judge threatens to derail not just the seven casinos sought by the governor, but also the back - up plan for four new video lottery terminal facilities.

Lawmakers have raised concerns about Cuomo's NYRA plan because it cuts revenue - sharing payments to NYRA coming from video lottery terminals at Aqueduct Racetrack.

The Senate MajDemocrats just issued a press release announcing they are supporting the state Lottery Division's recommendation of Genting NY to operate Video Lottery Terminals at Aqueduct in Queens.

The penalties range from written warnings for lottery ticket retailers involved in a first violation, to $ 25,000 for un-escorted minors in Video lottery terminal parlors, race tracks or OTB tele - theaters.

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.

[Transportation Alternatives] A law firm hired by Gov. David Paterson to help expedite the Aqueduct Racetrack Video Lottery Terminal project has ties to one of the bidders.

He plans to get $ 200 million from the group yet to be chosen to put video lottery terminals at Aqueduct racetrack in Queens, a process that's been delayed for years.

The contract between Resorts World's video lottery terminal racino at the Aqueduct race track in Queens and the financially strapped Nassau County OTB has been signed and they hope to have almost 500 of what will be 1,000 machines up and running in the next six months.

OTB officials have pinned their hopes for reviving the bankrupt agency on offering video lottery terminals to compensate for steep income losses in recent years as the horse racing industry has declined.

Suffolk OTB plans to open the casino at the Islandia Marriott hotel in February with 260 slot - machine - like video lottery terminals, and eventually expand to 1,000 machines.

A law firm hired by Gov. David Paterson to help expedite the Aqueduct Racetrack Video Lottery Terminal project has ties to one of the bidders.

The racetracks were approved to get video lottery terminals in 2001, when Pataki signed a historic gaming compact that allowed for three Indian - run casinos in the Buffalo area and the Catskills, although the Catskills never got theirs.

If the ballot item is rejected, then the bill allows the state to set up more video lottery terminals instead, which are slot like machines already legal in New York.

* Minimize the extent to which video lottery terminal capital revenues are used for non-capital (operating) purposes.

I do not believe that bailing out this casino with people's hard - earned tax dollars is the appropriate way to go about addressing this issue, especially given the fact that there are other gaming facilities with video lottery terminals who continue to struggle as a result of casino decisions and have not received the same level of support now being requested.

WAWARSING >> A plan has emerged to turn the former Nevele Hotel into a state - of - the - art «Sportsplex» that would include video lottery terminals.

YONKERS - In the face of New York State's $ 15 billion budget gap, Senator and Deputy Majority Leader Jeff Klein (D - Bronx / Westchester), joined by Senator Andrea Stewart - Cousins (D - Yonkers), and the Director of the NYS Lottery, will propose the expansion of gaming options at the New York State's existing video lottery terminals (VLTs) and electronic gaming tables as a way to generate a projected $ 145 million in education funding.

The New York state budget agreed upon this week includes changes to language regarding video lottery terminal gaming facilities.

Without video lottery terminals at Aqueduct, NYRA is estimated to be receiving $ 1 million a day less than anticipated since its 2008 franchise agreement.

Revenues for video lottery terminals alone did set a new record, at nearly $ 2 billion, according to the New York Gaming Commission.

The state Lottery Division on Tuesday recommended the gaming consortium Genting New York LLC to develop a 4,525 - machine video lottery terminal facility that is expected to feed hundreds of millions of dollars a year to the state and tens of millions a year to the cash - starved New York Racing Association, which runs the state's three horse tracks.

AEG was the only firm to revise the amount of its bid, going from lowest to highest in the projected amount of revenue it would raise through video lottery terminals at Aqueduct Racetrack in Queens.

In arguing their exclusivity rights are highly limited, the Nation referenced Video Lottery Terminal (VLT) facilities, often referred to as racinos, which operate in the heart of the exclusivity zone, as well as full scale non-Seneca casinos at the edge of the zone, specifically the new Del Lago casino near Rochester.

NYRA had hoped video lottery terminals would be in place at Aqueduct to generate needed revenue, but the state's failure to name a gaming operator has been delayed several times and the bidding process was recently reopened.

Cuomo, in perhaps another attempt to win a deal with the Senecas, says in his bill that if the disagreement continues, then the state would site two additional Video Lottery Terminals, which are essentially slot machines, in Western New York.

Brookhaven Town has hired outside counsel to determine whether it has legal authority to stop a planned $ 65 million Suffolk Off - Track Betting Corp. video lottery terminal casino in Medford.

Racinos, which operate only out of the state's racetracks, include electronic video lottery terminals, not table - top gambling and other forms of gaming found in Vegas - style casinos.

In DiNapoli's 2010 audit of NYRA, he said funds from the soon - to - be-opened video lottery terminal facility at Aqueduct Race Track will go a long way in helping NYRA's financials.

The newly adopted resolution is aimed at protecting video lottery terminal casinos that are attached to Aqueduct Racetrack in Queens and Yonkers Raceway in Westchester County, as well as the under - construction Montreign Resort Casino in Sullivan County in the southern Catskill Mountains.

And yet vocal opposition arose to the idea of having a full - blown casino with table top games at its racino, where video lottery terminals are currently allowed.

It's unclear how many video lottery terminals would be placed on Long Island or where, specifically, Bonacic said.

Head of the Genting corporate empire, Lim is also the main investor in the Empire Resorts video lottery terminal parlor at the Aqueduct race track in Queens.

The license will allow Tioga Downs to complete its transformation into a full - scale casino, replacing the current Video Lottery Terminals with slot machines and allowing the facility to add Blackjack, Roulette, Craps, a Poker Room and other casino card games that would be permitted by the gaming commission.

O'Halloran resigned amid controversy over a resolution urging the state to place video lottery terminals, or VLTs, at his Pinegrove Ranch & Family Resort and at the nearby Hudson Valley Resort and Spa.

The casino's first 265 video lottery terminals opened at 1 p.m., just hours after the state Gaming Commission issued a certificate allowing the facility to open at Jake's 58 Hotel & Casino, on the north service road of the Long Island Expressway.

The legislative changes will include provisions to help video lottery terminal operators, located at several harness tracks and Aqueduct Race Track, generate additional revenue; measures that will increase aid to education.

KINGSTON, N.Y. — David O'Halloran, who resigned last week as vice chairman of the Ulster County Republican Party, said the lack of GOP support for his plan to bring video lottery terminals to his Kerhonkson resort shows the party is less interested in helping local businesses than it is in looking for a «white knight» to ride in and save the county's economy.

On Wednesday, O'Halloran said video lottery terminals are essential to the continued success of the Pinegrove and Hudson Valley Resort and the revitalization of the region.

What happens to racinos, those raceway gambling halls that now run video lottery terminals?

For years, Nassau County and its off - track betting corporation have been fighting to site video lottery terminals, what most of us call slots.

Pro-casino state Sen. John Bonacic seems to be throwing his clout behind big - casino interests as compared to «far too preliminary» small - potatoes video lottery terminals (VLTs) in various and sundry outlets.

The proposal by Cahill, D - Kingston, and Seward, R - Milford, would amend state tax law to allow two existing resorts in Ulster County to install video lottery terminals, commonly called VLTs, operated by the Catskill Regional Off - Track Betting Corp..

KINGSTON >> Following a state siting board's decision to bypass the former Nevele hotel in Wawarsing for a casino license, Assemblyman Kevin Cahill is calling on the state Legislature to reconvene immediately and consider his months - old legislation to authorize video lottery terminals at two locations in Ulster County.