{"id":205329,"date":"2022-03-15T06:18:13","date_gmt":"2022-03-15T13:18:13","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=205329"},"modified":"2022-03-15T18:09:52","modified_gmt":"2022-03-16T01:09:52","slug":"new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/","title":{"rendered":"New York Budget Talks Start with Casinos, More Sports Betting Licenses on the Table"},"content":{"rendered":"

A key step for expanded gaming in New York took place on Monday, as both houses of the New York legislature unveiled their budget proposals. Lawmakers from the assembly and the senate will now work with the Hochul administration to determine if downstate casinos will be expedited and additional sports betting licenses will be awarded.<\/p>\n

\"NY<\/a>
New York Senate Majority Leader Andrea Stewart-Cousins speaks during a budget conference committee virtual meeting on Monday. Lawmakers in the Empire State have a little more than two weeks to pass a budget for the next fiscal year, and proposals include language for new casinos and expanded mobile sports betting. (Image: NYSenate.Gov)<\/figcaption><\/figure>\n

The Senate version of the budget includes authorizing casino licenses, with the fee for each license set at a minimum of $1 billion.<\/p>\n

\n

State Sen. Joseph Addabbo, D-Queens, and Assemblyman Gary Pretlow, D-Mount Vernon, have been pushing for awarding the downstate casino licenses ahead of schedule. Their goal is to help the region\u2019s hospitality and construction industries rebound from the COVID-19 pandemic. Both men chair their chambers\u2019 committees on gaming.<\/p>\n<\/div>\n

New York Gov. Kathy Hochul also included the state\u2019s three final casino licenses in her budget plan earlier this year.<\/p>\n

The legislature\u2019s budget conference committee met for the first time on Monday evening. Under the New York State Constitution, lawmakers are required to pass the budget by April 1. That\u2019s the start of the 2022-23 fiscal year.<\/p>\n

Senate Plan Calls for Casinos<\/h2>\n

The casino licensing provision would require local approval for a site, according to the senate\u2019s budget resolution.<\/p>\n

\n

Both Addabbo and Pretlow have expressed an interest in seeing Resorts World New York City in Queens, and Empire City Casino, an MGM Resorts International property in Yonkers, just north of New York City. They want the venues to at least receive some preference when it comes to the application process. Both currently operate as video lottery terminal facilities at area racetracks, and as such, they cannot offer live table games or Las Vegas-style Class III slot machines.<\/p>\n<\/div>\n

Should both existing venues win casino licenses, which would leave one license available for Long Island, New York City, and New York\u2019s northern suburbs? Competition for a license in the nation\u2019s largest metropolis is expected to be fierce. Las Vegas Sands, Hard Rock International, Bally\u2019s Corp., and others are the companies likely to bid for a license.<\/p>\n

While the Assembly\u2019s budget proposal does not include the casino language, it should not be considered a major issue at this point, since it\u2019s been considered a priority by the administration<\/a>.<\/p>\n

Both Budgets Increase Online Sports Betting Licenses<\/h2>\n

Both the assembly and senate budget plans have proposals to expand online sports betting beyond the current nine operators that were approved last year by the New York State Gaming Commission.<\/p>\n

\n

Under the senate\u2019s proposal, the commission would hold a second competitive bid process and award between two and five more licenses by Jan. 31, 2023. The proposal also calls for at least 15% of the scoring criteria to take into consideration corporate jobs for women, minorities, and service-disabled veterans, as well as minority ownership.<\/p>\n<\/div>\n

After previously considering a $50 million licensing fee<\/a> for the new operators, the Senate\u2019s budget proposal now calls for those selected to pay $10 million.<\/p>\n

The Assembly\u2019s budget proposal differs slightly. It, too, calls for the Gaming Commission to launch a second round of competitive bidding that would start no later than July 1. But rather than cap the award between two and five, the assembly wants up to seven more operators.<\/p>\n

The assembly also wants the Gaming Commission to set a benchmark of awarding 30 percent of the mobile licenses to businesses with a minority interest.<\/p>\n

Both chambers\u2019 language would seemingly open the door for Fanatics to get serious preference, considering that rap mogul and entrepreneur Jay-Z is part of the investment team.<\/p>\n

Assembly leaders did not include any language about licensing fees.<\/p>\n","protected":false},"excerpt":{"rendered":"

A key step for expanded gaming in New York took place on Monday, as both houses of the New York legislature unveiled their budget proposals. Lawmakers from the assembly and the senate will now work with the Hochul administration to determine if downstate casinos will be expedited and additional sports betting licenses will be awarded. […]<\/p>\n","protected":false},"author":45,"featured_media":205330,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,1074],"tags":[],"acf":[],"yoast_head":"\nNew York Budget Talks Start: Casinos, Sports Betting Apps on the Table<\/title>\n<meta name=\"description\" content=\"Both Assembly and Senate budget bills call for adding more sports betting operators in the state. The budget must pass by April 1.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New York Budget Talks Start: Casinos, Sports Betting Apps on the Table\" \/>\n<meta property=\"og:description\" content=\"Both Assembly and Senate budget bills call for adding more sports betting operators in the state. The budget must pass by April 1.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-15T13:18:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-16T01:09:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-15-at-7.59.53-AM.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Steve Bittenbender\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Steve Bittenbender\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/\",\"url\":\"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/\",\"name\":\"New York Budget Talks Start: Casinos, Sports Betting Apps on the Table\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-15-at-7.59.53-AM.png\",\"datePublished\":\"2022-03-15T13:18:13+00:00\",\"dateModified\":\"2022-03-16T01:09:52+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/eb30e765d812fc9b38b333f8d13068b2\"},\"description\":\"Both Assembly and Senate budget bills call for adding more sports betting operators in the state. The budget must pass by April 1.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-15-at-7.59.53-AM.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-15-at-7.59.53-AM.png\",\"width\":1500,\"height\":800,\"caption\":\"New York Senate Majority Leader Andrea Stewart-Cousins speaks during a budget conference committee virtual meeting on Monday. Lawmakers in the Empire State have a little more than two weeks to pass a budget for the next fiscal year, and proposals include language for new casinos and expanded mobile sports betting. (Image: NYSenate.Gov)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sports Betting\",\"item\":\"https:\/\/www.casino.org\/news\/sportsbetting\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"New York Budget Talks Start with Casinos, More Sports Betting Licenses on the Table\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/eb30e765d812fc9b38b333f8d13068b2\",\"name\":\"Steve Bittenbender\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-7-1-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-7-1-96x96.png\",\"caption\":\"Steve Bittenbender\"},\"description\":\"Steve Bittenbender covers Midwest and Gulport news for Casino.org. He also specializes in sports betting and horse racing. Steve is a veteran reporter and brings more than two decades of experience covering sports, business and politics. He joined Casino.org in 2019. Steve has also covered major collegiate and professional sports for the Associated Press and the Louisville Courier-Journal and is frequently featured on local network TV newscasts and podcasts for his horse racing business and legislative expertise. A Reuters contributor, he has also previously served as editor for Government Security News. Steve lives in Louisville, Kentucky -- the epicenter of the US horse racing industry -- with his wife and son. He is also an avid poker player, having learned from his uncle as a wholesome after-school pastime with cookies and milk. Contact Steve at stevebittenbender@casino.org.\",\"url\":\"https:\/\/www.casino.org\/news\/author\/steve-bittenbender\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New York Budget Talks Start: Casinos, Sports Betting Apps on the Table","description":"Both Assembly and Senate budget bills call for adding more sports betting operators in the state. The budget must pass by April 1.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"New York Budget Talks Start: Casinos, Sports Betting Apps on the Table","og_description":"Both Assembly and Senate budget bills call for adding more sports betting operators in the state. The budget must pass by April 1.","og_url":"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2022-03-15T13:18:13+00:00","article_modified_time":"2022-03-16T01:09:52+00:00","og_image":[{"width":1500,"height":800,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-15-at-7.59.53-AM.png","type":"image\/png"}],"author":"Steve Bittenbender","twitter_card":"summary_large_image","twitter_creator":"@Casino_Org","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Steve Bittenbender","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/","url":"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/","name":"New York Budget Talks Start: Casinos, Sports Betting Apps on the Table","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-15-at-7.59.53-AM.png","datePublished":"2022-03-15T13:18:13+00:00","dateModified":"2022-03-16T01:09:52+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/eb30e765d812fc9b38b333f8d13068b2"},"description":"Both Assembly and Senate budget bills call for adding more sports betting operators in the state. The budget must pass by April 1.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-15-at-7.59.53-AM.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-15-at-7.59.53-AM.png","width":1500,"height":800,"caption":"New York Senate Majority Leader Andrea Stewart-Cousins speaks during a budget conference committee virtual meeting on Monday. Lawmakers in the Empire State have a little more than two weeks to pass a budget for the next fiscal year, and proposals include language for new casinos and expanded mobile sports betting. (Image: NYSenate.Gov)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/new-york-budget-talks-start-with-casinos-more-sports-betting-licenses-on-the-table\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Sports Betting","item":"https:\/\/www.casino.org\/news\/sportsbetting\/"},{"@type":"ListItem","position":3,"name":"New York Budget Talks Start with Casinos, More Sports Betting Licenses on the Table"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/eb30e765d812fc9b38b333f8d13068b2","name":"Steve Bittenbender","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-7-1-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-7-1-96x96.png","caption":"Steve Bittenbender"},"description":"Steve Bittenbender covers Midwest and Gulport news for Casino.org. He also specializes in sports betting and horse racing. Steve is a veteran reporter and brings more than two decades of experience covering sports, business and politics. He joined Casino.org in 2019. Steve has also covered major collegiate and professional sports for the Associated Press and the Louisville Courier-Journal and is frequently featured on local network TV newscasts and podcasts for his horse racing business and legislative expertise. A Reuters contributor, he has also previously served as editor for Government Security News. Steve lives in Louisville, Kentucky -- the epicenter of the US horse racing industry -- with his wife and son. He is also an avid poker player, having learned from his uncle as a wholesome after-school pastime with cookies and milk. Contact Steve at stevebittenbender@casino.org.","url":"https:\/\/www.casino.org\/news\/author\/steve-bittenbender\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/205329"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/45"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=205329"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/205329\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/205330"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=205329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=205329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=205329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}