Business
Controversial Nassau County Mini-Casino Months Away From Becoming A Reality
December 8, 2014 7:19 PM
Off-track betting will float up to $100-million in tax exempt bonds to buy a site and develop a mini-casino in Nassau County.
“We considered not only the profitability or the location, but also community concerns,” Nassau OTB President
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If more than 100-feet away from homes, churches, and schools
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The mini-casino’s location is being kept secret until the deed is signed, something expected to happen within weeks. This has not sat well with legislators on both sides of the aisle.
“Transparency. That’s what people want. This issue has not come before legislators, so we don’t even know exactly what their plans
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The Plainview River Palace was considered and dismissed, and after pressure OTB agreed not to put it near the Coliseum, Hofstra, or Nassau Community College.
CBS2 has been told that the site is expected to be located a few miles east of the hub, accessible
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Residents who are still in the dark are passionate about where the mini-casino will end up and what it will mean to the bottom line.
“I am basically against gambling anywhere
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“Casinos would be a good idea, bring in a lot more income
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The mini-casino will open in about 10 months, and is expected to generate $20-million a year.
Some residents who are against school
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The state also granted Suffolk County permission to build one of its own.
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