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casinos in catskills new york State leaders are in the midst of considering whether in the New York City area, and for all the existing gambling parlors.
The initial goal by the Gaming Commission was to have the study completed at year's end — in time for Gov.
Andrew Cuomo and the state Legislature to consider it in time for the state budget due April 1 and before the legislative session ends in casinos in catskills new york June.
But the Gaming Commission last month pushed back the request for proposals for companies wanting to conduct the study until Thursday, and the first draft will not made public until April 1.
The decision leaves the casino industry in a state of flux: Empire City Casino at Yonkers Raceway and Resorts World New York City in Queens both want state approval to be full-scale casinos.
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Empire City Casino in Yonkers has been eager to get state approval to turn its video-lottery parlor into a full casino with table games and slot machines.
But it and Resorts World in Queens would need the state Legislature to approve the change, and the measure earlier this year didn't receive the backing of Cuomo nor the Democratic-led Assembly.
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But to do so, the state might need to change its constitution, and the earliest that could happen would be 2021.
The casinos contend the constitution doesn't need to be changed, just a new law.
Either way, those efforts have also stalled at the Capitol.
The join. rich casino word hunt answer indefinitely of the study's first draft in April will still allow time to make their case for their plans, said Uri Clinton, president of Empire City Casino, which is owned by MGM Resorts.
In particular, Clinton noted that the commission's request for proposals for the study explicitly says that the consultant hired needs to prioritize the downstate casino issue in the draft report by April 1.
Brad Maione, spokesman for the Gaming Commission, said the study will still offer important guidance to state leaders.
Before the legislative session ended last June, the state Legislature gave approval for Resorts World Catskills to open a VLT parlor in Orange County after the casino closed one at Monticello Raceway last April.
The second draft of the report, due May 1, will review changing the tax rates for existing gambling facilities and analyze their current size.
The final report, due June 1, would also look at how revenue from bets on horse racing is distributed and whether the state should reconsider how many live racing dates it has.
Gambling interests have long derided New York's tax rates, saying they are higher than neighboring states.
The four upstate casinos have all had their share of financial difficulties; two, del Lago and Resorts World Catskills, Also, racinos are trying to figure out how to address an ongoing decline in horse racing amid a state requirement that they keep up the tracks in exchange for having the video-lottery terminals.
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The Sands, owned by billionaire casino magnate Sheldon Adelson, is also making more info aggressive push to enter the New York City market.
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I think it was trying to do much in too little time," he said.
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