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Friday, October 24, 2014
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Casino support rules explained

Wednesday, May 21, 2014 - Updated: 11:15 PM

By NICOLE ANTONUCCI

For the C-S-E

ALBANY -- A week after minimum investment amounts required to develop and operate a gaming facility in upstate New York were released, two parties have withdrawn their initial $1 million application fee.

PNK Development 33 LLC by Pinnacle Entertainment, and Rolling Hills Entertainment LLC by Baker Botts LLP submitted timely requests for refunds, which were granted, the Gaming Facility Location Board announced Tuesday.

Pinnacle Entertainment had been looking at potential casino sites in the Albany region, but Rolling Hills Entertainment LLC had not announced any details about its proposal.

This leaves 20 applicants in pursuit of four casino licenses in the Catskills, Southern/Finger Lakes and capital regions.

One of those applicants is Clairvest Group, which is proposing a casino site off Thruway Exit 27 in the town of Florida and city of Amsterdam.

Montgomery County Economic Development and Planning Director Kenneth Rose said Clairvest is prepared to invest the minimum requirement of $135 million.

"Things are progressing as planned," he said Tuesday. "Everything is moving forward."

Conditions of the application process are beginning to become more defined, which could flush out some of the competition.

The Facility Location Board announced Tuesday that out of 23 resolutions of support received from host municipalities, only three have thus far been deemed acceptable.

As a condition of submitting an application for a gaming license, each applicant is required to submit a resolution passed by the local legislative body of its host municipality supporting the application.

However, the resolution must be specific in naming the gaming facility within the jurisdiction of the host municipality, which also must be cited, the board said.

For example, "Municipality X hereby agrees to the location of Gaming Facility Y at premises within Municipality X."

Resolutions that are broad or that read "a municipality in support of a gaming facility located within a county" are unacceptable, according to the commission.

The three resolutions that have been deemed acceptable are from the village of Johnson City, the town and village of Liberty, and the town of Wawarsing, having been deemed consistent with the standards.

The board advises each host municipality to "review any previously adopted resolution to ensure it meets the standards of this guidance."

Rose said Montgomery County has yet to submit its resolutions of support because officials are waiting to send them as packet.

Clairvest which is proposing a casino on 512 acres in the town of Florida and city of Amsterdam, has not only garnered support from both host municipalities but from other communities in Montgomery and Fulton counties, as well as each county's governing body.

And, Rose said, the local resolutions follow the requested guidelines.

"Our resolutions specifically say that they support the casino in their jurisdiction," he said. "Ours were worded the way the gaming commission wanted it."

     

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