New York gaming regulators have provided approval for a horse track facility found west of Binghamton, New York to host a full scale casino.
Tioga Downs, a standardbred track owned by Jeff Gural has been granted permission to set up table video games and slot machines in the facility according to a proposal that was authorized earlier this week by the New York State Gaming Commission.
The track at the moment offers video lottery terminals which are allowed in all horse tracks in the state.
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Jeff Gural had presently began construction final 12 months for the improvement of casino facilities in anticipation of the license getting granted. check here Nevertheless, the casino are not able to be opened until the Commission offers its ultimate approval for the amenities which is anticipated to come about by November. Tioga Downs was opened in 1975 as a Quarter Horse track but closed within a few years due to fiscal difficulties. It was reopened in 2006 as a horse track with video lottery machines (VLTs).
A 2001 law enables racinos or racetrack casinos to offer you VLTs. Complete-fledged casinos with true slot machines and table video games were permitted right after a 2013 referendum accepted the growth of business casino properties in the state. The state constitution was subsequently amended to let upto 7 casinos in excess of and above the existing 9 racinos and six tribal casinos in the state.
Gural owns another horse track Vernon Downs in addition to Tioga Downs. He also owns the Meadowlands racetrack in northern region of neighbouring state New Jersey in which Gural has ideas to develop a casino, need to New Jersey voters vote in favour of a referendum this November to move casinos outside of Atlantic City.
The first allotment of casino licenses in New York had been held in 2014 but Gural could not win a license in that round. Three licenses have been allotted back then, 1 each for properties located in the Albany area, the southern Catskill Mountains and close to the New York Thruway amongst Syracuse and Rochester.
Soon after residents and politicians of the Southern Tier region protested, Gov. Andrew Cuomo ran another round of casino license allotment which was won by Gural following he submitted a greater task with drastically much more investment from him.
According to the accredited plan for Tioga Downs, the casino will have gaming room spread more than 33,300 square foot featuring close to 50 table video games and one,000 slot machines. In addition a hotel with 161 rooms, restaurants and an outdoor entertainment arena will also be created.