Upstate New Yorkers looking to gamble will soon get their fix, as the New York Gaming Commission approved plans Wednesday to build three casinos in the Catskills, Finger Lakes and Capital regions.
The five-person Gaming Facility Location Board made the decision after reviewing bids from sixteen proposed casinos. Final choices were based on considerations of economic activity and business development, local impact and siting and workforce enhancement.
“New Yorkers spend more than $1 billion per year at out-of-state casinos. As those dollars leave the State, so do good jobs, tourism and economic development that could be kept and grown within New York’s borders,” the board said in a report released Wednesday.
The Gaming Board decided to grant licenses to one casino in each region to avoid competition and “maximize prospects for sustained success.”
The winning casinos include:
- The Montreign Resort Casino in Catskills, a $630 million property with an 86,300 square-foot casino that’s expected to create 1,209 full-time and 96 part-time jobs
- The Rivers Casino & Resort in Schenectady, a $300.1 million property with a 50,000 square-foot casino that will employ 877 full-time and 193 part-time employees
- TheLago Resort and Casino in Finger Lakes, a $425 million property with a 94,000 square-foot casino that’ll create an estimated 1,250 to 1,500 jobs