Tag Archives: Casinos

Request for Application for Commercial Casinos

The New York Gaming Facility Location Board today approved the Request for Applications to Develop and Operate a Gaming Facility in New York State and opened the bidding period for commercial casino applicants.

The Request for Applications (RFA) may be downloaded at www.gaming.ny.gov/gaming/casinos.php.

The RFA, as mandated by the Upstate New York Gaming and Economic Development Act establishes minimum license fees for commercial casino licenses in each region and details how local support must be illustrated. Applicants are required to participate in an April 30, 2014 Applicants Conference, which will take place in the Capital Region, be open to the public and streamed online. Details on the conference will be made available in the near future.

Applications for gaming facilities will be accepted until June 30, 2014.

The New York Gaming Facility Location Board selects advisory consultant

The New York Gaming Facility Location Board has selected the firm of Taft, Stettinius & Hollister LLP to provide gaming advisory services in its review and ultimate selection of casino applicants for Upstate New York.

The selection of a consultant to provide the Gaming Facility Location Board members with analysis of the gaming industry and assist with the comprehensive review and evaluation of the applications is mandated by the Upstate New York Gaming and Economic Development Act.

The New York State Gaming Commission issued a Request for Proposals for the consultant in November 2013. The proposal put forth by Taft, Stettinius & Hollister LLP was selected over four other timely proposals received.

Taft, Stettinius & Hollister LLP has subcontracted with several entities to assist in the project, including financial advisory firm Christiansen Capital Advisors, investment bank Houlihan Lokey and gaming facility consultant Macomber International, Inc.

The announcement of the consultant is a good sign the timeline for casino licenses as announced by the Governor during his State of the State address is moving ahead as planned.

Read more on the New York Gaming Commission’s website.

NY Voters approve expanding casino gaming

Voters in New York passed Proposal One yesterday allowing for seven casinos to be located in upstate New York.

NY Jobs Now, the pro-gaming coalition of economic development, education, and labor leaders, released a statement highlighting the more than $430 million in new tax revenue the proposal will create for schools, cities and towns.  The measure will also lead to an additional 10,000 jobs statewide.

The group, which includes The Business Council of New York State, said, “The votes are in and New Yorkers – business and labor, Democrats and Republicans – have come together to bring billions of dollars back to our state, create thousands of good-paying jobs and generate hundreds of millions of dollars in new revenue for schools and local governments.”

Governor Cuomo also released a statement saying, “”The passage of Proposal One is a big win for local governments, school districts, and taxpayers across New York State. This vote will keep hundreds of millions of dollars spent each year in neighboring states right here in New York, while increasing revenue for local schools, lowering property tax taxes, and bringing proper regulation to the industry. ”

The Business Council of New York State supported expanded casino gaming in New York State and supported the passage of Proposal One.  City and State published an op-ed from Business Council President and CEO Heather C. Briccetti, Esq. yesterday outlining the economic benefits and bipartisan support.  Read the full op-ed online.

Buffalo Bills Great Thurman Thomas Endorses Proposal One

Urges New Yorkers To Vote Yes On Proposal #1 To Keep Jobs & Revenue In New York State

NFL Hall of Famer Thomas played 12 seasons with the Buffalo Bills

As momentum grows heading into November 5th, Buffalo Bills great Thurman Thomas, the NFL Hall of Fame running back, today joined the broad coalition across the state supporting Proposal #1, which would authorize up to four new casinos in upstate New York, keeping billions of dollars in our state and creating over 10,000 good-paying jobs. Thomas recorded a robo-call to show his support for Proposal #1 that will reach over 110,500 households in Western New York starting today.

“New Yorkers spend over 1.2 billion dollars each year at casinos and hotels in neighboring states, like New Jersey and Pennsylvania,” said Thurman Thomas. “Let’s bring that money back to Western New York. Prop 1 will create thousands of good-paying jobs, generate hundreds of millions of dollars in new funding for our schools, and lower property taxes. Please join me in voting to create jobs, improve our schools, and keep millions right here in New York.”

The New York State Division of Budget estimates that $430 million in new tax revenue will be generated every year as a result of Proposal #1. Every single dollar of revenue generated by the new casinos will go to education aid, property tax relief, or local government aid.

Thomas’ robocall highlights the fact that New Yorkers currently spend more than $1.2 billion annually at casinos in Canada and neighboring states. Proposal #1 would start to bring that money back to New York to fund education and tax relief here, while creating over 10,000 good-paying new jobs in New York in the process.

Thomas played 12 seasons on the Buffalo Bills from 1988 to 1999, leading them to four American Football Conference championships and breaking many individual running back records. Having rushed for 11,938 yards while on the Bills, Thomas is Buffalo’s top running back of all time. He is also the only player to score a touchdown in four consecutive Super Bowls.

NY Jobs Now TV ads

The broad coalition NY Jobs Now unveiled two new television ads today, highlighting the growing support for Proposal #1, which would authorize up to four new casinos in upstate New York, keeping billions of dollars in our state and creating over 10,000 good-paying jobs. In addition to several other television ads from NY Jobs Now that are airing across the state, the two new spots began airing statewide starting today.

Watch the ads here:

Newspapers Agree

[youtube height=”HEIGHT” width=”WIDTH”]http://www.youtube.com/watch?v=VdQCXgvzmYU#action=share[/youtube]

 

Good Jobs

[youtube height=”HEIGHT” width=”WIDTH”]http://www.youtube.com/watch?v=cry36iom0KI&feature=youtu.be[/youtube]

 

Yesterday the coalition called for residents to vote in favor of the pro-gambling ballot proposal, in New York, at a press conference in New York City.

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Six constitutional amendments to be decided November 5

Next Tuesday, voters have the opportunity to amend the state Constitution. Six proposals are on the ballot including casinos and the Adirondack Land Swap. Below is a look at what you will see on the ballot on November 5.  The Business Council supports “yes” votes on Proposals 1 & 5.

Proposal 1 – Casinos
This will allow the opening of up to seven Las Vegas style gambling casinos, with four initially set for the Albany-Saratoga region, the Southern Tier and the Catskills. None would be permitted in New York City or anywhere near the five Indian tribe casinos that now operate in New York.  Passing this amendment will lead to jobs creation and produce more tax revenue for schools and state and local governments.

Proposal 5 – Adirondack Land Swap
This amendment will will allow NYCO Minerals, Inc., a private company, to expand its wollastonite mining operations in the town of Lewis, Essex County, by giving approximately 200 forest preserve acres to NYCO Minerals for mining. NYCO Minerals would give the State at least the same amount of land of at least the same value, with a minimum assessed value of $1 million, for addition to the forest preserve. When NYCO Minerals finishes mining, the company would restore the condition of the land and return it to the forest preserve. The land swap will keep jobs in a region of the state had has seen businesses disappear as traditional industries such as logging and mining have shut down due to land use and environmental restrictions. The present mine is expected to be played out in three to four years. If it the mineral deposit in adjacent state land is mined, it will add an additional eight to 10 years to the mine’s productive span. Wollastonite is a mineral used in fire-proofing applications.

Other proposals on ballot:

Proposal 2 – Civil Service Credits for Vets
This will grant additional civil service credit to veterans who are certified as disabled after they have been appointed or promoted to a civil service position.

Proposal 3 – Sewer Debt
Proposal 3 will continue to allow counties, cities, towns, and villages to exclude from their constitutional debt limits indebtedness incurred for the construction or reconstruction of sewage facilities. Debt incurred from 1962-2014 is now excluded, and the amendment would extend that exclusion to 2024.

Proposal 4 – Property title dispute in the Adirondacks
This will resolve competing claims of title between the State and private parties to land located in the Adirondack Park, in the Township 40 tract in Long Lake and Raquette Lake, Hamilton County. Township 40 was one of the parcels created in the 18th century when the region was first surveyed.  The amendment seeks to fix 100 year old property ownership disputes in the Adirondacks stemming from disputed tax sales, surveying, record-keeping and other factors. Homes, businesses, public buildings and are among the 216 properties with unclear titles on more than 1,000 acres that are on record as state park land and would be given clean titles if this passes.

Proposal 6 – Letting judges serve until age 80
Judges in the county-level State Supreme Court and the state’s highest court, the Court of Appeals, will be permitted to serve until they turn 80 years old. Currently, they must retire at age 70.


Casino vote next week

AR-131039867NY Jobs Now continued its effort this week to let New Yorkers know of the economic benefits that expanded casino gaming venues could bring to the state.  At a press conference yesterday in Saratoga, Business Council of New York State Vice President of Government Affairs Ken Pokalsky (pictured) urged voters to vote “yes” on vote on Proposal 1 when they head to the polls next week.

Heather C.Briccetti, Esq. president and CEO of the Business Council of New York State, who represented the group today at an event on the issue in New York City said, “This year, business and labor, Democrats and Republicans are working together to bring back the more than $1.2 billion New Yorkers spend every year at nearby gaming resorts across the state line.  It’s time we bring that kind of money home to create jobs, support schools, and take property tax pressure off our towns and cities.”

Proposal 1 would authorize four additional casinos in New York state and bring an estimated 10,000 new jobs.  Revenue from the casinos would benefit local municipalities and school systems.

Economic impact of casinos

Heather C. Briccetti, Esq., president and CEO of The Business Council is featured in YNN’s look at the economic benefit of casinos that would be built in New York state with the passage of Proposal 1 this November.

On November 5, voters will consider an amendment that would expand casino gambling in New York which would lead to four casinos in the Southern Tier, the Albany area and the Catskills.

Briccetti points out that New York already has legalized gambling with a state-run lottery, racinos and Indian-run casinos and that voting for Proposal 1 will positive for the state, leading to additional municipal and educational revenues.

A new New York Times/Siena Poll shows that New York City voters will likely support the passage of Proposal 1 on November 5, with 60 percent supporting ballot language that allows casinos in New York state.

New York City is home to about 40 percent of the state’s registered voters, and the New York Times says Election Day turnout is expected to be high this fall due to the New York City mayoral race.

The ballot language illustrates the benefits to job growth and educational funding that will be seen if the measure passes.