New York casino applicants promise economic boost - NEWS10 ABC: Albany, New York News, Weather, Sports

New York casino applicants promise economic boost

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ALBANY, N.Y. (AP) - Applicants for the four upstate New York casino licenses being granted this year are promising more jobs and tax revenue if they are allowed to develop resorts.

The New York Gaming Facility Location Board on Tuesday released the executive summaries that were submitted with the 17 casino applications last week. The documents summarize the selling points of each proposal.

For instance, Caesars Entertainment said its proposed resort in Orange County would become a leading East Coast home to World Series of Poker events. Tioga Downs Casino, Racing and Entertainment said its casino would generate $122 million in annual revenue within two years.

Up to four casino licenses will be divided among the Albany-Saratoga area, the Southern Tier-Finger Lakes region and the Catskills and mid-Hudson Valley.

Summaries are posted at: http://www.gaming.ny.gov/gaming/casinos.php

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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