Three New York casino license awards expected

Dec 21, 2015 10:16 AM

The New York Gaming Commission is expected to formally award licenses for three casino projects when it meets this week in New York.

Preliminary work has already begun for the casinos that include the Montreign Resort in the Catskills, the Rivers Casino and Resort in Schenectady and the Lago Resort and Casino in the Fingers Lakes town of Tyre.

It has been a year since the licensees were named and the wait has been frustrating. Some local officials “expressed concerns” about the time it took to finalize the licenses, but state officials have pointed out that in some states that are just stepping into the casino business, the review and licensing process has taken years.

“There is no delay,” the Commission’s Executive Director Robert Williams wrote recently in response to a letter from a county official in the Catskills who wanted an explanation for the yearlong wait.”

The expected Commission action this week will allow the projects to move forward with construction and financing.

“We are looking forward to the Commission meeting,” Lago spokesman Steven Greenberg told the Associated Press. “We are excited about the opportunity to operate the best casino in upstate New York.”

Phil Hevener has been writing about the Nevada gaming business for more than 30 years. Email: [email protected].