Gov. Kathy Hochul and state lawmakers fast-tracked the process, but casinos are still likely more than a year away.
One plan prioritizes an immediate injection of tax revenue. The other envisions a long-term economy with lots of competition.
Even after putting aside their social costs, studies shows casinos are not a reliable way to address budget deficits.
Brookfield's $110 million bid beat out Florida developer Glenn Straub, who had bid $90 million. The purchase still must be approved by a judge on October 7.
Atlantic City identity as a gambling destination has imploded in on itself, the imposing glass-walled casinos now glinting husks, the ghosts of sloshed cran-vodkas still lingering in the air and wafting up from the gutters.
There are now just eight hotel casinos left in Atlantic City.
The CEO of Nevele, who wants to build in Ulster County, thinks $100 million in tax breaks is fair.
Casino interests in Albany spent $11 million in lobbying and political donations in 2012 and 2013, but the real figure may be much higher.
Federal law mandates that all states create meaningful welfare reforms before February 2014, or face a 5% cut in funding.
Who might have a head start on developing such a casino in Niagara Falls? (A billionaire, duh)
"No one hunts with an assault rifle," Cuomo declared in his wide-ranging speech. "No one needs 10 bullets to kill a deer. End the madness now."
The outcome is a common one for drunken brawls, as most of those involved are either reluctant to testify or were too intoxicated to do so credibly.
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