High stakes are involved in the bid for three New York City-area casinos but it will take a while

Summarized by: Live Sports Direct
 
High stakes are involved in the bid for three New York City-area casinos but it will take a while

There will be three new New York City-area casinos. The process for approval is so involved that former Gov. David Paterson compared it to nuclear science. Rush Street Gaming, which operates Schenectady's Rivers casino, is one of the companies that responded to a "request for information" about the bidding process. The competition for getting one the three downstate licenses is slower and more complex than in upstate. It requires a more "robust" local input component. Applicants in any of New Yorkers' five boroughs have to get a two-thirds vote from special advisory committees.


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