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Cuomo Says Three Casinos Would Go Upstate
Posted By Joseph Spector On January 9, 2013 @ 2:57 pm In Other | Comments Disabled
Gov. Andrew Cuomo offered some more details about his plan to expand the state’s gambling to private casinos.
He said it would include three private casinos in upstate, with 90 percent of the state’s share of revenue going to education and 10 percent going to the local governments for tax relief.
He said there would be no casinos in New York City, and the upstate casinos would be targeted toward boosting tourism.
“We propose a casino gambling plan to boost upstate development,” Cuomo said during his address.
Cuomo’s announcement is a change from what he and the Legislature backed last year in a constitutional amendment. The amendment allows up to seven casinos in the state.
So it appears the constitutional amendment would still be valid, but the number of casinos would be limited to three. Cuomo called it phase one.
The Legislature would have to approve the plan, and it would sent to voters in November for their approval.
“I believe casinos in upstate New York could be a great magnet to bring the New York City traffic up,” Cuomo said.
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