There are currently two processes going on - at the state and local levels - to get everything lined up correctly, and legally for the licenses to be awarded in the New York City region. I don't know why the local region waited, possibly because they thought the state process would override local zoning. But that turned out to be not the case. And so we have multiple approvals complicating the process.
The good news, from the City standpoint, is that they are doing a citywide rezoning to allow for
casinos, although that is directly limited to only the three casinos the State will grant licenses to. With that in place, individual proposals must only get required changes as far as the
buildings and uses go.
Some additional clarity on the STATE's process...(actual bids will not be accepted until 30 Days after the return of answers to the last round of questions from October)
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So basically, there are 3 separate bodies that must be navigated to get a license.
1. The
Community Advisory Committee (CAC), which must get an approval from 4/6 of its 6 members.
2. Once the CAC gives its approval, the applicant must then be reviewed by the
Gaming Facility Location Board (GFLB), which ensures that every obligation is met (fees, zoning, community support). They will select up to 3 applications for licensing.
3. Finally, the body that actually grants the licenses, the
New York State Gaming Commission. It is the Commission that then digs deeper to guarantee all applicants meet desired goals and worthiness.
It's a convoluted process. But the state doesn't care. It will make a LOT of money either way.
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