New York gaming regulators have given approval for a horse track facility positioned 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 approved earlier this week by the New York State Gaming Commission.
Jeff Gural had previously began development final yr for the improvement of casino services in anticipation of the license currently being granted. Even so, the casino are not able to be opened right up until the Commission offers its ultimate approval for the amenities which is anticipated to take place by November. Tioga Downs was opened in 1975 as a Quarter Horse track but closed within a few years due to financial issues. It was reopened in 2006 as a horse track with video lottery machines (VLTs).
A 2001 law permits racinos or racetrack casinos to supply VLTs. Total-fledged casinos with real slot machines and table video games had been permitted soon after a 2013 referendum accredited the growth of commercial casino properties in the state. The state constitution was subsequently amended to allow upto seven casinos above and above the existing 9 racinos and 6 tribal casinos in the state.
Gural owns yet another horse track Vernon Downs in addition to Tioga Downs. He also owns the Meadowlands racetrack in northern area of neighbouring state New Jersey where Gural has plans to build a casino, need to New Jersey voters vote in favour of a referendum this November to move casinos outdoors of Atlantic City.
The preliminary allotment of casino licenses in New York have been held in 2014 but Gural could not win a license in that round. Three licenses have been allotted back then, one each for properties situated in the Albany spot, the southern Catskill Mountains and close to the New York Thruway in between Syracuse and Rochester.
Following residents and politicians of the Southern Tier region protested, Gov. Andrew Cuomo ran yet another round of casino license allotment which was won by Gural right after he submitted a greater task with drastically much more investment from him.
In accordance to the approved program for Tioga Downs, the casino will have gaming area spread more than 33,300 square foot featuring close to 50 table video games and 1,000 slot machines. In addition a hotel with 161 rooms, dining establishments and an outdoor enjoyment arena will also be developed.
