πŸ€‘ Total of 17 Bids Submitted for N.Y. Casino Licenses - WSJ

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SCHENECTADY -- Is there room for more casinos in New York state? a study proposal being considered by the state Gaming Commission.


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With New York's upstate casinos struggling, some state officials are Under one proposal, Aqueduct Raceway on the Queens border with.


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Tribes ask state to include them in talks about MGM casino proposal for Bridgeport

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ALBANY β€”Major changes could be in store for New York's gambling landscape. 1of8Gamblers try their luck at video gaming at Saratoga Casino and A request for proposals to oversee such a study was quietly issued by.


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Cashing In? Casinos Proposed In New York

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Even casinos in the state, which should benefit somewhat from the relaxed rules on sports betting included in Cuomo's budget proposal, appear.


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Critics and supporters weigh in on casinos in upstate New York

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SCHENECTADY -- Is there room for more casinos in New York state? a study proposal being considered by the state Gaming Commission.


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Genting wants it for Resorts World New York City in Queens, and Sands casinos out of nearly 20 proposals for three regions of the state: the.


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On the Ballot: Building New Casinos in Upstate NY - MetroFocus

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Genting wants it for Resorts World New York City in Queens, and Sands casinos out of nearly 20 proposals for three regions of the state: the.


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SCHENECTADY -- Is there room for more casinos in New York state? a study proposal being considered by the state Gaming Commission.


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SCHENECTADY -- Is there room for more casinos in New York state? a study proposal being considered by the state Gaming Commission.


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State Panel Approves Plans For New Casinos In New York

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ALBANY β€”Major changes could be in store for New York's gambling landscape. 1of8Gamblers try their luck at video gaming at Saratoga Casino and A request for proposals to oversee such a study was quietly issued by.


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A final report would be due by the end of the year. The study would examine the effect of these new casinos on the existing operators in the state and try to identify the optimal taxation rates and licensing fees. Several industry leaders and lobbyists the Times Union spoke with, who are concerned about what such a study will mean for the gaming business, said they could not speak candidly about the survey on the record for fear of possible retribution from the state. Andrew Cuomo will embrace mobile sports betting next year, as the RFP notes that any analysis of mobile sports gambling is based on an amendment to the state Constitution, which would take at least until Addabbo acknowledged there is another possibility that the report could speed up the introduction of casinos to the downstate areas, including New York City and Westchester County. Joe Addabbo, a Queens Democrat who is the Senate's point person on gambling issues. The study will also look at the "future negative impact" of Las Vegas-style casinos on the Saratoga Casino Hotel, which operates harness racing and video gaming. VLTs and the racino have had a positive impact on harness racing.{/INSERTKEYS}{/PARAGRAPH} A third operator, Sands, is generally considered site agnostic because they don't operate a facility in the region. The study represents a change of pace for the state, considering it didn't pursue a similar review before introducing video gaming terminals in , and moving forward with Las Vegas-style casinos in A request for proposals to oversee such a study was quietly issued by the state Gaming Commission last month, and a firm is scheduled to be chosen in August to conduct the comprehensive review. The RFP is particularly ominous for the off-track betting corporations and racinos in western New York, which will have their "sustainability" examined. But the study represents an exciting development to Sen. But there is a fear across the industry that the Gaming Commission study will prompt unwanted developments for them. Addabbo has been frustrated by the state's limited rollout that allows sports books to be operated at just the upstate casinos, and wants an internet option that would exponentially increase revenues. State legislative leaders and Cuomo have said before that they are not interested in reducing gaming tax rates, which allow millions to flow into local municipal and state coffers. It's widely understood that this funding is critical to the success of racing, including enabling the New York Racing Association to turn repeated profits in recent years. As budget talks heated up in March, major gaming operators, including the Las Vegas Sands Corporation and Genting, tried to entice state lawmakers and Cuomo into speeding up the issuing of new licenses. Existing operators in New York would like changes that might help their bottom line, such as lowering the tax rates and tweaks to how pools of revenue can be used. He is particularly interested in what the "long overdue" report will have to say about sports gambling. Gaming Commission spokesman Brad Maione declined to comment on the rationale for the study, citing the "restricted period of the procurement. {PARAGRAPH}{INSERTKEYS}The expectation in the gaming community is that the findings will be used to justify an overhaul of the rules and regulations for casinos, racetracks and off-track betting corporations, and possibly speed up the licensing process for new casinos. It's unlikely that Gov. He is hopeful that the study will enable the state to take a holistic approach to future changes instead of its piecemeal policies, which he believes have an unpredictable "ripple effect. New York state as quietly commissioned a study in to look at all the state's forms of gambling, which worries operators. It would also predict potential gaming revenue based on "specific siting locations. One specific concern for the racing industry and horse breeders is that the report will be used to justify cutting the payments they receive from video gaming in New York. The RFP also says such a study would also look at the tax rates placed on video lottery terminals, slots and table games. It's this skepticism that led one industry expert to ponder if the report will actually be used to buy the Cuomo administration more time before issuing new casino licenses.