{"id":4018,"date":"2024-11-26T14:02:26","date_gmt":"2024-11-26T15:02:26","guid":{"rendered":"http:\/\/restaurace-pohoda.eu\/?p=4018"},"modified":"2024-12-19T13:34:27","modified_gmt":"2024-12-19T13:34:27","slug":"new-york-gov-kathy-hochul-vetoes-bill-to-accelerate-downstate-casino-process","status":"publish","type":"post","link":"http:\/\/restaurace-pohoda.eu\/index.php\/2024\/11\/26\/new-york-gov-kathy-hochul-vetoes-bill-to-accelerate-downstate-casino-process\/","title":{"rendered":"New York Gov. Kathy Hochul Vetoes Bill to Accelerate Downstate Casino Process"},"content":{"rendered":"

Last week, New York Gov. Kathy Hochul (D) vetoed legislation that would have expedited determining which three casino resort bids for the downstate region would win the coveted gaming concessions.<\/span><\/p>\n

\"New
New York Gov. Kathy Hochul has vetoed legislation that would have sped up the state\u2019s review of casino bids for the downstate region. Hochul continues to deny that she has a preference for a casino resort in Queens from billionaire Steve Cohen, a major backer of her political aspirations. (Image: The New York Times<\/em>)<\/figcaption><\/figure>\n

In what was far from a surprise, as Hochul has maintained that she doesn\u2019t want to be \u2014 nor is \u2014 directly involved in determining which casino companies are awarded the licenses that come with slot machine, table game, and sports betting privileges, the governor said amending the bidding timeline would be unjust to some involved.<\/span><\/p>\n

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Changing the timeline would likely have the impact of helping certain bidders and hurting others. I cannot support a bill that aims to change the rules in the middle of the process,\u201d Hochul said in her veto message.<\/span><\/p>\n<\/blockquote>\n

The legislation in question \u2014 Senate Bill 9673A \u2014 would have altered the New York Gaming Facility Location Board\u2019s review timeline to force interested developers to submit their applications by the end of business on Aug. 31, 2024. Of course, that date has come and gone, but the bill Hochul vetoed included a clause that would have forced the Location Board to expedite its review from its current timeline<\/a>.<\/span><\/p>\n

Governor Under Pressure<\/b><\/span>\u00a0<\/b><\/span><\/h2>\n

The New York State Legislature passed the measure to speed up the casino review in June, but Democratic leaders held off on transferring the bill to Hochul\u2019s office on the strong belief that she would veto the statute<\/a>.<\/span><\/p>\n

As the governor faces stern backlash for her flip-flop on the hugely controversial \u201ccongestion pricing\u201d scheme \u2014 initially ordering a \u201cpause\u201d on the $15 toll to enter Midtown Manhattan, then days later resurrecting it at $9 and telling the public she\u2019s saving them six bucks \u2014 the sponsors of S9673A sought to force the governor to act on another highly publicized matter facing downstate New York.<\/p>\n

Along with the congestion pricing scandal, Hochul has come under fire for seemingly backing billionaire Steve Cohen\u2019s bid<\/a> for a casino at his Citi Field baseball stadium in Queens, home of MLB\u2019s Mets. Cohen and Hard Rock International are developing an $8 billion bid at Willets Point.<\/span><\/p>\n

In October, reports surfaced that Hochul\u2019s 2025 budget would include changes to the state\u2019s Uniform Land-Use Reform Process that could make it easier for Cohen<\/a> to build an integrated resort on property partially designated as parkland. Hochul said the rumors aren\u2019t true.<\/span><\/p>\n

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S9673A\u2019s chief sponsor, state Sen. Joseph Addabbo (D-Queens), sought to force the governor into further committing to not favoring Cohen\u2019s casino by sending the casino acceleration bill to her desk on November 15. Cohen\u2019s team continues to lobby to have its Willets Point acreage rezoned for commercial development. Expediting the casino review would have presumably negatively impacted Cohen\u2019s bid.<\/span><\/p>\n<\/div>\n

\u201cIf you can\u2019t figure out the land-use issues in two years maybe a casino shouldn\u2019t be there,\u201d Addabbo said, as reported by the New York Post<\/i>.<\/span><\/p>\n

Cohen is a major Hochul donor. During her 2022 gubernatorial run, Cohen and his wife Alexandra gave $136,700 to Hochul\u2019s campaign.<\/span><\/p>\n

Toll Bridge<\/b><\/span><\/h2>\n

Hochul reimplemented the $9 toll price after Democratic state lawmakers retained control of both chambers of the Legislature earlier this month. The $6 price cut, however, will further strain the state\u2019s ability to fund critical infrastructure upgrades to New York City\u2019s Subway.<\/span><\/p>\n

Addabbo believes expediting the casino licenses<\/a> is a no-brainer that would provide an immediate cash influx of $1.5 billion to the state. Each of the three downstate gaming permits requires a one-time payment of $500 million to the state.<\/span><\/strong><\/p>\n

With Hochul vetoing S9673A, the New York Gaming Facility Location Board\u2019s timeline maintains that bids are due by June 27, 2025. Winners aren\u2019t expected to be rendered until the fall or winter of 2025.<\/span><\/p>\n

The post New York Gov. Kathy Hochul Vetoes Bill to Accelerate Downstate Casino Process<\/a> appeared first on Casino.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Last week, New York Gov. Kathy Hochul (D) vetoed legislation that would have expedited determining which three casino resort bids for the downstate region would win the coveted gaming concessions. New York Gov. Kathy Hochul has vetoed legislation that would have sped up the state\u2019s review of casino bids for the downstate region. Hochul continues…<\/p>\n","protected":false},"author":1,"featured_media":4020,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[19],"tags":[],"_links":{"self":[{"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/posts\/4018"}],"collection":[{"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/comments?post=4018"}],"version-history":[{"count":2,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/posts\/4018\/revisions"}],"predecessor-version":[{"id":4021,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/posts\/4018\/revisions\/4021"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/media\/4020"}],"wp:attachment":[{"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/media?parent=4018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/categories?post=4018"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/tags?post=4018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}