Cuomo releases his three-casino plan for upstate NY

Posted at: 06/06/2013 6:20 AM
By: Associated Press | WHEC.com

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Gov. Andrew Cuomo is proposing to authorize three Las Vegas-type casinos upstate New York, a large video slot machine center in Western New York, and an open-ended moratorium on casinos in New York City.
    
The bill prohibits a casino in any of the five boroughs.
    
Cuomo made the announcement Wednesday.
    
Cuomo's proposal would put resort casinos in three of six regions. A gaming commission will have a role in locating those casinos.
    
The regions in play include the Catskills, the Albany-Saratoga region, the North Country, Central New York, the eastern Southern Tier and Western New York.
    
The proposal going to the Legislature would allow only one casino in a region.
    
Cuomo calls for a minimum $50 million licensing fee and a 25-percent cut in gross revenues.


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