Interests representing racing, real estate, and casino industries opened their wallets wide open to pay for lobbyists and campaign donations during a final frenzy when New York officials approved casino expansion plans.
Gov. Andrew Cuomo is playing a new game of hardball with racetrack-based casinos in New York by sending them a simple message: get on board with his plan or face additional competition from facilities located nearby.
New York Gov. Andrew Cuomo is making clear that racetrack operators will not get their wish to get exclusive rights for new, Las Vegas-style casinos if New York next year approves a sharp expansion of gambling.
Top state officials continued to pound the New York Racing Association, a day after regulators suggested its exclusive franchise to operate the state's major Thoroughbred tracks could be in jeopardy.
Hours after lawmakers approved an initial step to expand non-Indian casino gambling in New York, Gov. Andrew Cuomo raised the possibility that no racetrack casino will be among the future sites in the state.
Legislation is popping up in New York to permit additional casinos across the state, with other versions of bills placing the expanded gambling offerings at existing racetrack casinos.
New York Gov. Andrew Cuomo defended his plan to have a private company construct the world's largest convention center next to Aqueduct in the face of a new public poll in which most New Yorkers oppose the idea.
The New York Racing Association defended its advanced deposit wagering system Jan. 13, and said it welcomed a review by state regulators.
In a state unaccustomed to rosy equine industry fiscal numbers, NY officials are going out of their way to hail the breaking of the $1 million mark in proceeds to a Thoroughbred breeding fund from the new casino at Aqueduct.
Genting New York is considering an initial expansion into a 70,000-square-foot area at Aqueduct Racetrack if the state legalizes additional forms of gambling, including table games.
Racetrack casino operators in New York are lobbying hard to protect their interests in anticipation of a potential gambling expansion and tighter licensing procedures in 2012
Just one day shy of the 10th anniversary on which former New York Gov. George Pataki signed a law approving racetrack casinos, Aqueduct's new VLT facility will open the afternoon of Oct. 28.
A state panel has approved a resolution that permits Genting New York LLC, the future operators of the Aqueduct casino, to obtain a $225 million mortgage to help finance construction activities at the facility.
Details of competitors' bids were leaked, timely campaign contributions flowed and key expert advice was ignored when New York officials earlier this year tapped Aqueduct Entertainment Group to run the casino at Aqueduct.
It is the photo opportunity the state of New York and the racing industry has been awaiting: a $380 million check presented by the company selected to run the much-delayed Aqueduct casino project.
Nine years after first being approved, the last major hurdle for the Aqueduct video lottery terminal casino project was cleared Sept. 13 when the state's chief fiscal watchdog gave his approval for the project.
It has taken three governors four different tries, but Gov. David Paterson and legislative leaders made it official Aug. 17: Genting New York will be the operator of the Aqueduct video lottery terminal casino.
After nine years of on-again, off-again movement, the Aqueduct casino project now seems all but certain to be a done deal.
New York Gov. David Paterson is turning up the heat on legislative leaders, prodding them to make a quick decision on the new operator to run the Aqueduct video lottery terminal casino.
A little less uncertainty might make New York-bred yearlings more popular during the Fasig-Tipton preferred auction.
Genting New York, a Malaysian-based casino group, has been recommended by the New York Lottery Division to run the much-delayed Aqueduct casino project.
Only Malaysian-based Genting New York remains a viable candidate but its selection to run a casino at Aqueduct is far from certain.
Three companies met the 4 p.m. EDT June 29 deadline to submit financial offers to run a casino at Aqueduct.
Six different groups have submitted a $1 million entry fee to be a part of the newest bidding process for the delayed Aqueduct casino project.
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