posted on July 30, 2013 17:35
Governor Andrew Cuomo signed his new casino legislation into law today.
It will open the doors for four private Upstate casinos to drive tourism from downstate which requires a change in the state constitution. It goes before voters this November.
The Albany area, Catskills and Southern Tier are candidates for what Cuomo calls the world class gaming resorts.
The racetracks like Batavia Downs which are affected by the exclusivity agreement with the Senecas will not be allowed to expand to full-scale casinos, but they will have parity with any other casinos located nearby.
The hope with the new bill is to divert downstaters from gaming in New Jersey or Connecticut, and instead come to Upstate areas to boost the local economy.