New Yorks Casino Race Has No Clear Favorites Six Months Out

News Source : Commercial Observer
News Summary
- The competition for three new downstate casino licenses in New York is off to the proverbial races.
- There’s a lot of money on the line beyond the $1 million application fee.
- Success will probably come down to four main things: which applicant has community support?
- Which offers the most economic and civic benefits?
- Which is the least disruptive in terms of traffic, transit and existing zoning?
- And (most difficult to define) which one has the razzle-dazzle necessary for a casino?
The competition for three new downstate casino licenses in New York is off to the proverbial races with eight partnerships submitting applications on June 27, but who has the edge on nabbing first, p [+12251 chars]