💰 Sullivan Wins Casino Bid For The Catskills/Hudson Valley | WAMC

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New City, NY - A Hudson Valley business group said the decision to turn down casinos in Orange County was "the right one for New York.".


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Hudson Valley Casino and Resort | Orange County | New York Charles V. Bagli wrote in the September 15, issue that Newburgh is one of.


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Hudson Valley Casino and Resort | Orange County | New York Charles V. Bagli wrote in the September 15, issue that Newburgh is one of.


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New City, NY - A Hudson Valley business group said the decision to turn down casinos in Orange County was "the right one for New York.".


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The exterior of the Resorts World Catskills Casino Resort in in Orange County near the popular Woodbury Common outlet mall. More: Why this quiet decision on the future of New York casinos may have a big impact.


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Hudson Valley Casino and Resort | Orange County | New York Charles V. Bagli wrote in the September 15, issue that Newburgh is one of.


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Wednesday's announcement by the New York State Gaming Facility Location Sullivan County casino supporters are cheering, but there's six for Orange County, one also for Sullivan, and one for Ulster County. the decision to recommend one license for the Catskills/Hudson Valley region, including.


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The casinos are expected to open in early , if not sooner. Home Page World U.{/INSERTKEYS}{/PARAGRAPH} The recommended developers still must be approved by the State Gaming Commission and pass a background check by the State Police, and the projects must undergo environmental reviews. Kevin Law, the chairman of the location board, emphasized that the siting process had been free of outside interference, saying the decision had been influenced by many factors: economic effects, financing, community support and the so-called speed to market, or how fast they could open. Bonacic, a Republican whose district includes much of the Catskills. But New York is entering an intensively competitive gambling industry in the Northeast with lagging returns that some analysts believe is close to saturated. Despite the support of state voters, who easily passed a referendum legalizing commercial casinos, several proposals met fierce grass-roots resistance and lawsuits. Cuomo, a Democrat, embarked on a plan to legalize commercial casinos shortly after he took office in Perhaps the biggest winner in the casino sweepstakes was the Genting Group, which hired a small army of lobbyists and public relations personnel and was a major contributor to the Committee to Save New York, a now-defunct business coalition that supported Mr. A fifth is expected to turn out the lights in the next few days. At the Miss Monticello diner in Monticello, patrons said the Montreign casino in nearby Thompson would bring jobs and tourists. New York is already home to five tribal casinos upstate and nine slot parlors at racetracks. {PARAGRAPH}{INSERTKEYS}Andrew M. The proposal overcame opposition from a local group and several Amish families. Already a major casino operator in Asia and England, Genting owns the sole gambling hall in New York City, the Resorts World slot parlor at the Aqueduct racetrack in Queens, which is the highest grossing gambling operation in the United States. On Wednesday, opponents who had fought casinos celebrated the outcome. With nearly 1, commercial and tribal casinos in 39 states, gambling halls are no longer an alluring novelty exclusive to Las Vegas and Atlantic City. The bulk of the revenue, 80 percent, is earmarked for elementary and secondary education or property tax relief, with the remaining money split between municipal and county governments. Location will also determine the tax rate on gambling revenues, from 37 percent to 45 percent for slot machines and 10 percent for table games. The family of the chairman of the Genting Group has a controlling stake in Empire Resorts. For advocates, the announcement on Wednesday was a cause for celebration, after years of intense lobbying for full-scale gambling as a salve for economic woes in the long-faded Catskills. Still, economists, analysts and some developers expect that casinos closer to New York City, and its 52 million annual visitors, could be successful, at least for a while. The Gaming Facility Location Board seemed to take that into account by declining to recommend a fourth resort, as allowed by law, in part to give the other three a better chance of success. It also rejected six applications in Orange County, the region closest to New York City, in favor of a single resort in neighboring Sullivan County, to the north, citing the need for economic development. The casino, which would be built by Empire Resorts — tied to the Genting Group, a Malaysian conglomerate — would include a room hotel, a golf course, restaurants and entertainment rooms, and sit next to a site where EPR Properties plans to build the Adelaar resort, with an indoor water park, an entertainment village, hiking trails and zip lines. Several major developers — including Caesars Entertainment, Hard Rock and Mohegan Sun — were shut out, as were several more modest proposals; 16 applicants had sought casino licenses.