Fast track for casinos favors existing racinos

In his executive budget released on Tuesday, Governor Cuomo said he expects commercial casinos to be open and operating as early as 2015. Writing in the Albany Times Union, reporter James Odato says a fast track such as the governor proposes would favor existing “racinos” such as Saratoga Gaming and Raceway and Tioga Downs.

Odato interviewed several analysts within the gaming industry and outside of it who said if the governor expects a casino to be open early next year, existing facilities seeking casino licenses would have the advantage in getting one of the four upstate licenses.

You can read the entire Times Union story here.

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