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Cuomo Unveils Upstate Casino Plans

Cuomo Unveils Upstate Casino Plans

ALBANY, N.Y. (AP) - Gov. Andrew Cuomo has proposed authorizing three Las Vegas-type casinos in upstate New York, a large video slot machine center in western New York, and a five-year moratorium on casinos in New York City.

Cuomo made the announcement Wednesday.

His plan would put resort casinos in three of six regions. A gaming commission would have a role in siting those casinos.

The regions in play include the Catskills, the Albany-Saratoga region, the North Country, central New York, the eastern Southern Tier and western New York.

The proposal going to the Legislature would allow only one casino in a region.

Cuomo wants a minimum $50 million licensing fee and a 25 percent cut of gross revenues going to the state.

For further details of the proposal, click here: http://www.governor.ny.gov/press/06052013Upstate-NY-Gaming-Economic-Development-Act