The Gaming Facility Location Board was originally scheduled to be appointed by the end of January, but the members have not been appointed at the time of this Alert.
5, 2013, and the Act became effective on Jan. A related amendment to the State constitution authorizing non-tribal casinos was approved by voters on Nov. So that casino and hotel developers and operators bidding for these lucrative licenses are not just spinning the roulette wheel during the highly competitive application and approval process, we summarize key aspects of the new law and the licensing process below.Īs we discussed previously, Governor Cuomo signed the New York Gaming Economic Development Act of 2013 (the “Act”) (links: here and here) into law on July 30, 2013, authorizing the licensing and development of four new casino resorts in the Catskills, near Albany and along the New York/Pennsylvania border, plus two new video gaming facilities on Long Island.
You’ll need more than a good poker face and a lucky roll of the dice to win one of the four new gaming licenses that became available in New York State in January 2014.
