Tuesday, June 23, 2009

NY May Add More Slots At Long Island Off Track Betting Site

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In New York politics, the amount of time between an idea to concrete action can take years so Governor David Paterson's idea for installing slot machines in a Nassau, Long Island, off-track betting location may not happen in the near future, if ever.

Gov. Paterson has not yet publicly proposed the plan for slots at a Nassau County off-track betting site but if it comes to fruition, that would be the first off-track betting location with slot machines. Sources have said that his plan is to install slots there and have the Nassau site share its slot revenue with Suffolk Off-Track Betting.

Proposals from bidders are still pending review for a VLT slot at the Aqueduct racetrack in Queens and its still up in the air whether another Queens racetrack (Belmont) will also be able to install VLT slot machines someday. The seven groups that bid on running a 4,500-VLT slot machine parlor at Aqueduct are Seminole Tribe Hard Rock/SL Green Realty Corporation, Mohegan Sun, Penn National Gaming, Delaware North Companies, Aqueduct Entertainment Group, Peebles Development, LLC and Development Associates, a subsidiary of Wynn Resorts Limited.

The Mohegan's proposal, submitted on May 8 to New York officials, is to run the facility and not to build or own the slot parlor.