Latest Casino News
New York Gambling News Brief
NY Governor proposes Belmont casino
Tuesday, December 16, 2008 at 12:24:06 PM
New York Gov. David Paterson is proposing to permit a casino at Belmont racetrack, a move he believes will raise $370 million in a franchise fee payment to the deficit-ridden state.
The governor made the proposal Dec. 16 as part of a plan to erase $15.4 billion in red ink in the state's budget over the next 16 months. The move comes after the state recently awarded the rights to operate a casino at Aqueduct to Delaware North. Both tracks are operated by the New York Racing Association.
Republicans in the state Senate have been pushing to permit a casino at Belmont as a way to bring jobs to the area and raise revenues for the state. But the idea in the past has been blocked by the Democratic-controlled Assembly, whose leader, Speaker Sheldon Silver of Manhattan, has said would present too many gambling opportunities in the metropolitan area.
...read the source
Note: The links to older news stories hosted on other servers often no longer function. We apologize for any inconvenience.
...tabbed details about Belmont Park
...top detail page for Belmont Park
Our USCF Casino News is also available as a free-subscription News Feed.