New York lawmakers approve accelerated timetable for casinos

Columbus, OH — According to a story on Bloodhorse.com, New York State lawmakers have approved an accelerated timetable to site three additional Las Vegas-style casinos in New York City or nearby communities.

In a major lobbying win for the horse racing industry, the new budget contains financial protections to ensure there will be no reduction or elimination of revenue-sharing payments that go now from video lottery terminal gambling operators if those facilities win licenses to become full-blown casinos.

To read the full story, click here.

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