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Old Posted Jun 11, 2024, 2:49 PM
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https://sbcamericas.com/2024/06/11/n...icensing-bill/

New York lawmakers pass bill to speed up downstate casino process


By Tom Nightingale
June 11, 2024


Quote:
Legislation designed to set a hard deadline for the casino licensing process in New York has been passed by both the Senate and the Assembly and will be sent to Gov. Kathy Hochul for approval.

State senators approved SB 9673 on June 7 by a 51-4 vote and the Assembly green-lit it 51-9. The bill, sponsored by Sen. Joe Addabbo, would establish a deadline for selecting the three casino sites in downstate New York. The New York legislature had been set to adjourn on June 6 but stayed past that cut-off to vote on the bill.

An amendment added by Addabbo before it passed dictates that the New York Gaming Facility Location Board must make recommendations on selecting downstate casinos by Dec. 31, 2025. The final possible deadline for licenses to be issued would be March 31, 2026. Addabbo’s first proposal, introduced on May 17 with just two weeks left of the legislative session, had been a deadline of a full year earlier.

Things could theoretically progress significantly faster than the March 2026 deadline, as SB9673 allows interested developers to apply for casino licenses while still in the process of resolving land use issues. Under the amended bill, applications are due Aug. 31 of this year.
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