generate economic development, create jobs<\/a>. It has done that,” the governor declared. “You have a casino saying, ‘I’m not meeting my expectations. I should get help from the state.’ I’m not sympathetic to that.”<\/strong><\/p>\n<\/blockquote>\nThe two other upstate New York casinos that have been open for a year have also both failed to meet GGR projections. Combined, the three properties underperformed by $220 million.<\/p>\n
Assemblyman Gary Finch (R-Auburn) had stronger words for del Lago.<\/p>\n
“If this wasn’t such a serious matter, I would’ve thought this was an early April Fool’s Day joke,” Finch posted on Facebook. “Asking hardworking families to bail out a casino would be absolutely unacceptable. It’s absurd.”<\/p>\n","protected":false},"excerpt":{"rendered":"
New York Governor Andrew Cuomo (D) warned owners of commercial casinos this week that there will be no financial bailout from the state regardless of how bad they’re struggling. Responding to a petition from del Lago Resort & Casino seeking some sort of tax break, Cuomo told reporters, “The upstate gaming casinos are private concerns. […]<\/p>\n","protected":false},"author":42,"featured_media":74029,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18,61],"tags":[],"acf":[],"yoast_head":"\n
New York Governor Andrew Cuomo Rejects Idea of Casino Bailouts<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n