Cuomo, legislative leaders OK plan to expand casino gambling

by
March 15, 2012

By Adam Sichko – The Business Review

Top legislators in the Senate and Assembly, along with Gov. Andrew Cuomo, have agreed on a plan to expand casino gambling in New York.

The proposed amendment to the constitution could trigger a $40 million expansion at Saratoga Casino & Raceway, a project first reported by The Business Review.

In a marathon overnight session, legislators approved a bipartisan bill that would allow a max of seven privately owned casinos to have full-scale gambling. That includes “table games” such as Black Jack, Roulette, poker and craps.

Currently, only Indian-run casinos are allowed to have those games.

There are already nine “racetrack casinos” in the state not on Indian land—meaning not everyone would be allowed to have full-scale gambling under the proposed constitutional amendment.

To read more, visit:  http://www.bizjournals.com/albany/morning_call/2012/03/cuomo-legislative-leaders-ok-plan-to.html

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