Genting Group's ambitions for a full-scale casino may have hit a roadblock, but that doesn't mean that New York State should allow full-scale casinos elsewhere, according to Genting Group.(1)
Governor Andrew Cuomo wants to legalize up to seven full-fledged, Las Vegas-style casinos in New York State, and doesn't seem to think that local communities should have veto power over where those casinos are located.(3)
The gambling interests spending millions of dollars to influence elected officials ahead of the expected legalization of casinos in New York want several things.
Ahead of an expected scramble for casino licences, the racinos are making a public case for themselves with a statewide ad campaign that starts Wednesday.
Steve Wynn, newly installed on Central Park South, says restricting casino licenses 'opens the door for corruption'
Gambling magnate Steve Wynn, who is interested in opening a casino in New York, said yesterday that when states limit the number of casinos that can operate within their borders, they breed corruption.(1)
During a radio appearance this evening, Governor Andrew Cuomo said talks with gambling giant Genting to build a casino and convention center at the Aqueduct Racetrack in Ozone Park, "haven't really worked out," and said he's shopping says he's going to shop around for another developer.
" The conversations haven’t really worked out," said Cuomo, referring to Genting. "So a few weeks ago we started to bring in other gaming companies, the nation’s best."(1)
Amid a recent string of bad press, the New York Gaming Association has released a couple of reports highlighting racinos' economic and educational contributions to New York State.
Gambling institutions and interest groups are stepping up their lobbying efforts after Governor Andrew Cuomo's successful first step toward legalization of casino gambling in New York, Jim Odato reports.
As part of last week’s legislative all-nighter, the legislature passed a bill allowing full-fledged casinos, complete with table games like blackjack and poker (complete with human dealers) in New York State.
Mayor Michael Bloomberg this morning said casinos almost never help the areas in which they are located, and suggested instead a Singapore model for legal gambling, drawing, by inference, a stark distinction with Governor Andrew Cuomo's plan.
"If you go just a block or two away from a lot of these big gambling spas, you don’t see any improvement for the people who live there," said the mayor. "But hope springs eternal. People are still trying to do that. "
Resorts World New York has proposed building a $4 billion convention center on land it leases from New York State at the Aqueduct Racetrack in Queens. It has also discussed eliminating the racetrack element of the Aqueduct altogether.
As part of the ongoing discussions within the Malaysian gambling giant Genting, of which Resorts World is a subsidiary, there is talk of seeking to relocate the horse-racing that now takes place at
Aqueduct Racetrack to Belmont, according to someone who has been briefed by Genting.(3)
During his regular Friday morning appearance on WOR's "The John Gambling Show," Mayor Michael Bloomberg discussed the challenges facing the governor's proposed convention center and casino in Queens, while also expressing some cautious support for the idea.(1)
Cuomo's $4 billion Queens convention center backed by Bloomberg and, more importantly, a gambling enterprise
During his annual State of the State address on Wednesday afternoon, Governor Andrew Cuomo called for the creation of a cavernous 3.8-million-square-foot, $4 billion convention-center complex, complete with up to 3,000 hotel rooms, in Queens. The new convention center would be built on state-owned land, but paid for without public money, at least in part by a company that already operates a casino at the proposed location.(1)
If gambling on Indian reservations laid the groundwork for racinos, and if racinos are laying the groundwork for the legalization of table gambling in New York State, will that, in turn, clear the way for online gambling?
Richard Bronson, a former top aide to casino magnate Steve Wynn, and one of the chief crusaders for the legalization of online gambling in the United States, thinks so, and has been working with Albany lobbyist Patricia Lynch Associates to make it happen. Lynch used to be communications director for Assembly Speaker Sheldon Silver.