Maybe the Aqueduct deal will happen after all.
The Democratic majority in the State Senate today issued a statement saying that it supports the selection of Genting New York to develop slot machines at the Aqueduct racetrack.
From Senate Democratic leader John Sampson:
"Nothing is more important than creating jobs. The acceptance of Genting puts New York on Read More
The Paterson administration has dropped SL Green and Penn National from contention to develop a racino at the Aqueduct racetrack, leaving just one new, un-vetted bidder: Genting New York, a Malaysian gambling firm.
The bombshell was announced late Tuesday afternoon by New York Lottery, the agency in charge of the contest, which put out a release detailing Read More
The State of New York is nothing if not persistent when it comes to adding slot machines at the Aqueduct racetrack.
And it is nothing if not slower than expected.
In what is now at least the eighth year of attempts to remake the Aqueduct in one form or another, the Paterson administration's Division of Lottery on Tuesday issued Read More
The Paterson administration has dropped Aqueduct Entertainment Group from the bid to develop a racino at the Aqueduct racetrack, jettisoning the group a month after it was conditionally designated the winner of the years-long quest to beef up gambling at the Queens property.
Governor Paterson's office just issued the following statement, attributed to the "Executive Chamber":
"The Read More
The state's decided to bare all (or much, anyway) on the bids for the Aqueduct race track, as the governor's office has released nearly all of the bidding materials for the mega-procurement.
The move was preempted earlier Tuesday by winning bidder Aqueduct Entertainment Group, which released what it said was an unredacted set Read More
ALBANY—About 60 percent of David Paterson's proposal to bridge $3 billion of a growing budget imbalance consists of spending cuts; the rest are "one-shot" revenue deals, some of which are estimated.
Paterson also relies on $400 million from tax amnesty and Medicaid fraud reduction, numbers that are somewhat tenuous. Paterson is also now Read More
ALBANY—Several dozen thoroughbred breeders are at the Capitol lobbying David Paterson and legislative leaders to "expedite" the bidding process for placing video-slots at the Aqueduct racetrack in Queens.
"The state has been through this for eight years, and hopefully based on that experience we can move forward," Jeffrey Cannizzo, the executive director of the New Read More
