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In the spring of 2022, New York State Governor Kathy Hochul signed off on a budget bill to authorize three downstate casino licenses, allowing retail casino gaming to set up shop in and around New York City. Six months later, the New York State Gaming Commission finalized the roster for the Gaming Facility Location Board, which will ultimately ...
Gaming giants and real-estate honchos are putting all their chips on the table to win one of three coveted licenses to operate a casino in or around New York City. “There’s still a large ...
MGM Resorts is bidding for one of three downstate New York casino licenses. If awarded a license, they will expand the property. They will redesign the casino floor, develop a 5,000 seat performance venue and a sportsbook. There will also be additional restaurants and convention space. [12]
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The New York State Gaming Commission is the official governing body that oversees casino gaming, charitable gaming, horse racing, lottery, and video lottery terminals in New York State. Based in Schenectady , it was formed on February 1, 2013, upon the merger of the New York State Racing and Wagering Board, and the New York Lottery . [ 1 ]
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Gaming control boards also have complete authority to grant or deny licenses to gaming establishments, their ownership, employees, and vendors. Generally, in order to obtain a license, an applicant must demonstrate that they possess good character, honesty and integrity. License application forms typically require detailed personal information.
The head of the New York State Gaming Commission flagged recent Las Vegas betting scandals as potential roadblocks for two major bidders vying for highly coveted New York City casino licenses.