New York lawmaker John Bonacic is opening the door to permitting more casinos in the state than the maximum of seven facilities being eyed by the governor and the legislature.
The Democratic-led Assembly and the Republican-controlled Senate in New York have approved a measure calling for a constitutional amendment that would allow up to seven casinos statewide.
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.
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 State lawmakers on May 24 approved a $25 million loan for the New York Racing Association, keeping the racetrack operator solvent for at least the rest of the year and avoiding a shutdown of its operations.
State officials in New York have agreed on one point: that they will not let the New York Racing Association shut down after the Belmont Stakes (gr. I) or for the Saratoga summer meet.
Officials in New York have failed to agree on a bailout plan for the New York City Off-Track Betting Corp., which issued layoff notices Friday to its 1,300 workers as it prepares to close down April 11.
State lawmakers March 10 urged Gov. David Paterson, who is considering pulling the plug on Aqueduct Entertainment Group's casino deal at Aqueduct, to pick from one of the remaining bidders if the AEG contract is scuttled.
Asks New York state inspector general's office to look into the bidding process.
Getting a casino at Aqueduct could be delayed further by political in-fighting.
New York Gov. David Paterson and legislative leaders have tapped Aqueduct Entertainment Group to run a sprawling new video lottery terminal casino at Aqueduct.
Top state officials in New York are still discussing options for an operator of the long-delayed Aqueduct racetrack casino, but negotiators appear split on whether a final announcement needs to be a part of talks now underway to resolve the state's deficit.
- By Tom Precious
Negotiations for an Aqueduct casino operator have stepped up again, with a new flurry of talks between Gov. David Paterson and legislative leaders occurring in advance of a return by the state legislature the week of Nov. 16 to deal with New York's soaring deficit.
The top Republican in the New York state Legislature is, again, calling on the governor and Democrats to back an effort to bring a casino to Belmont Park.
The new top regulator of racing in New York state offered a tough assessment of an industry he says is in decline in many ways because of its own doing.
Negotiators are eyeing a plan to have the state of New York take over the running of New York City Off-Track Betting Corp., which is threatening to shut down this weekend unless a revenue sharing structure is changed.
The New York Racing Association, written off as dead a year ago by its competitors, has won the rights to a 25-year exclusive franchise to continue operating Aqueduct, Belmont, and Saratoga racetracks.
Negotiations for a new Thoroughbred franchise in New York have progressed in the past several days, but the Republican-led Senate has refused to budge so far on several key points that could risk a shut-down of racing in less than three weeks, according to a top adviser to New York Gov. Eliot Spitzer.
After months of delay, the final members of a panel overseeing the Thoroughbred racetrack franchise process in New York have been named.
The franchise now held by the embattled New York Racing Association, which is facing insolvency by the end of November, should be awarded to a new operator within six months, New York Senate Majority Leader Joseph Bruno said Thursday.
Top government officials have shot down reports New York City Off Track Betting Corp. may be in line to get video lottery terminals for its betting parlors.
With video lottery terminals suddenly emerging as an item in state budget talks, the top Republican in the state Legislature said he cannot support a controversial video lottery terminal bill proposed by his fellow Republican, Gov. George Pataki.
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