June 11, 2013
Three casinos featuring Las Vegas style gaming to be developed in upstate New York has been proposed by Governor Andrew Cuomo. In addition, he has also proposed a delay in the development of New York City casinos.
If the bill is approved, Legislature will consider the expanded gaming separately for the regions NYC and upstate.
Gov Cuomo has suggested that if the NYC casinos could be delayed and the three casinos in upstate could be developed, then ultimately it would help the slow economy in the upstate area. In addition, tourists would be likely to visit both areas. However, casino developers would not be as interested in the upstate developments if there was a choice involving NYC.
The bill is still waiting for approval from the state Senate.
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