Delay continues for Aqueduct slots

Jan 26, 2010 3:30 AM

 

"What is the matter with these people?" asked a New York lawmaker last week when once again he was told that the three state politicians empowered to select the company that will build and operate a slots facility at Aqueduct racetrack had failed to act.

"It’s $1 million a day that we’re losing. Nobody knows why," he exclaimed after hearing Gov. David Paterson outline his $134 million state budget that did not include any revenue from the proposed racino.

Paterson, Senate Conference Leader John Sampson and House Assembly Speaker Sheldon Silver, all Democrats, have been unable to agree on one of the five companies that have applied for the Aqueduct license.

Upon being selected, the gaming company must pay the state a $200 million upfront fee for the license.

Question? Comment? E-mail me at: Ray Poirier