Here it is November and New Yorkers are still waiting for a decision on full scale casinos in New York that was promised for late October. But, be patient. I have it on good authority that a decision, whatever it may be, is imminent.
Rather than put you to sleep with my own rhetoric, here's an email that a friend, much closer to the situation than I, was nice enough to share:
Dear Chairman Gearan:
On behalf of my colleagues on the
Gaming Facility Location Board, we write to provide an update on
where we are with our obligations
under § 1306 of the N.Y. Racing, Pari-Mutuel Wagering and
Breeding Law.
As you are aware, we received
sixteen qualified applications pursuant to the Request For
Applications to Develop and Operate
a Gaming Facility in New York State issued on March 31, 2014
for proposed casino development in
the Capital Region, Eastern Southern Tier Region, and the
Catskills-Hudson Valley Region.
These applications cumulatively totaled in excess of 75,000 pages.
Since receipt, we have been busy
working on reviewing the materials, individually and with the
assistance of staff, consultants and
applicable state agencies. We also convened two full days of
presentations by the applicants and
their consultants in Albany on September 8 and 9, 2014 and
subsequently conducted three full
days of public hearings: in Albany on September 22;
Poughkeepsie on September 23 and
Ithaca on September 24.
In addition to the internal reviews
and study, the Board has held two meetings, on October 20, 2014
and again on November 10, 2014, with
our consultants to discuss each applicant’s financial history.
We have also traveled to proposed
locations to better understand the potential positioning of each
facility.
We are scheduled to meet again this
upcoming Friday, November 21. We expect to be able to make
a decision at our next meeting. (My highlight!)
Please let us know if you have any
questions. Thank you.
Sincerely,
Kevin S. Law, Chairman
So, as you read this blog post the die may already have been cast and all your questions answered:
* How many licenses will be granted?
* Where exactly will the casinos be?
* Will any of the three regions get 2 casinos?
* If so, which region will get two?
* Which corporate entities will get the contracts?
I'm guessing that the answers to these questions will be part of the arguments and discussions you will have with friends and relatives over Thanksgiving dinner next week. If not, then those debates may have to wait for Christmas.
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