Monday, October 7, 2013

Vote NO on the constitutional gambling

amendment. Not only are the social costs too high but the politicians are too dishonest.
 They can't run OTBs, care not about horse bettors, and expand their pockets to quickly.

Vote NO! 

Let Andrew Cuomo help healthcare by seeing that all New Yorkers have access to BCG.
Safe, cheap and inexpensive. See faustmanlab.org and pubmed.org faustman dl

Why should you, your loved ones and others suffer needlessly with autoimmune diseases such as Lupus, MS, type 1 diabetes, psoriasis etc.

Send Cuomo to hell before he sends New York to hell. don't be fooled.




Claude Solnik
(631) 913-4244
Long Island Business News
2150 Smithtown Ave.
Ronkonkoma, NY 11779-7348

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Long Island OTBs race to open video casinos

9:10 am Mon, October 7, 2013

ddn071012casinosNassau County Off-Track Betting is seeking a consultant to study the feasibility of putting 1,000 video gaming machines at the Race Palace in Plainview.
Nassau OTB’s request for qualifications for the consultant issued Friday comes on the heels of Suffolk OTB’s own request for proposals to build a new 1,000-machine video gambling facility somewhere in Suffolk County.
Suffolk OTB is currently reviewing the eight responses to its RFP and is expected to choose a site and a company to build its video casino shortly. Among the prospective locations are the Tanger Outlets in Deer Park, the Hauppauge Industrial Park and Republic Airport.
Suffolk OTB chief Phil Nolan said the agency is aiming to open the facility in September or October 2014. Nassau OTB president Joseph Cairo has said he hopes to open the Plainview slot parlor on Round Swamp Road in early 2015. Responses to Nassau’s request for qualifications are due Nov. 8.
In February, both of Long Island’s county executives announced they would embark on a joint gambling facility with 2,000 VLTs. But in June, the state Legislature approved a measure that allows for up to 1,000 machines in each county, and the two OTBs are now planning their own VLT parlors.
Together the two video gambling locations would generate $430 million for the state, with $63 million of that staying on Long Island, according to a report released last week by Gov. Andrew Cuomo’s budget division.
While some considered the OTB’s Racing Forum in Hauppauge as a possible VLT casino site for Suffolk, Nolan said the agency is now exploring other options.
“We want to do it right,” Nolan told LIBN. “We want to have a first-rate facility and generate as much revenue for this county as possible.”
Nolan estimated the Suffolk OTB video gambling parlor alone will take in $1.2 billion a year and the state, county and local schools would share about $100 million of that.
The video casinos would also go a long way to help restore both OTBs to fiscal health. Suffolk OTB filed for bankruptcy in 2012, reporting a $24 million loss in a five-year span.
While state-run casino gambling has yet to become legal here, the video machines pass muster because they are considered digital versions of the lottery. Thousands of VLTs have been installed at the state’s 10 racetracks, the closest of which is Resorts World Casino New York City at Aqueduct Raceway in Queens.
From June 2012 to June 2013, Resorts World at Aqueduct reported $729.2 million in revenue from its VLT operations.

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