New York approves unanimously three casino licenses
The Gaming Commission granted the licenses to Montreign Resort Casino in Sullivan, Lago Resort & Casino in Seneca and Rivers Casino & Resort in Schenectady.
US.- Even though analysts claimed the gambling market was saturated upstate NY, gaming regulators have unanimously approved licenses for three new casinos. The newly licensed projects are: Montreign Resort Casino owned by Empire Resorts with an investment of US$630 million in Sullivan County, Lago Resort & Casino owned by Wilmorite/Peninsula Pacific with an investment of US$425 million in Seneca County and Rivers Casino & Resort owned by Rush Street Gaming with an investment of US$300 million in Schenectady.
After almost one year since the announcement by the New York State Gaming Commission’s Facility Location Board that three projects had been selected out of 16 proposals, Monday’s approval was unanimous. The three projects are controlled by Genting Americas.
A fourth casino project pending for licensing is the expansion of the existing Tioga Downs racetrack in New York’s Southern Tier and it has recently received sitting board approval.