The top two executives at the non-profit New York Racing Association, which operates New York’s three state-owned horse tracks, were fired last week amid allegations they knew the company was collecting more than the legal amount of so-called takeout on certain bets, costing winning bettors an estimated $8.5 million dollars.
The firings have called into question the idea of gambling and gaming in general, as Governor Andrew Cuomo calls for a constitutional amendment to allow Las Vegas style casinos in the state.
The panel overseeing the Massachusetts’ new gambling law is weighing a plan to pre-qualify potential casino developers in the state. WAMC’s Lucas Willard reports…
Under the proposal discussed by the Gaming Commission on Tuesday, a would-be developer would have to demonstrate that it has sufficient financial backing and a track record in the gaming industry before it can begin negotiations with a host community.
A spokeswoman for the five-member commission said the panel would study the idea further before deciding whether to adopt it.
The chief executive of Foxwoods Resort Casino says rising competition is forcing the Indian-run casino in eastern Connecticut to consider online gambling and other changes. WAMC’s Lucas Willard has more…
Scott Butera, CEO of Foxwoods, in a web-based discussion Thursday with The Day of New London, said supply in the casino business is clearly outpacing demand. Gambling has been legalized in Massachusetts and casinos in New York are taking a greater share of the market.
He said he expects additional venues and online gambling to be a part of Foxwoods' future.
The Massachusetts Gaming Commission is pressing lawmakers to push back a key deadline by as much of a year, saying taking over the duties of the state racing commission will make it harder to get new casinos up and running. WAMC's Tristan O’Neill reports…
Commission chairman Steven Crosby said the panel will meet the May 20 deadline if needed, but said delaying the takeover makes more sense.
Crosby said the commission is also working to better respond to city and town leaders who are already asking questions about potential casinos in their communities.
The five member Massachusetts Gaming Commission held its first public meeting Tuesday as it set about to bring casino gambling to the state. WAMC’s Pioneer Valley Bureau Chief Paul Tuthill reports.
Declaring the decades long debate over whether to bring casinos to Massachusetts is over, Stephen Crosby, the chairman of the powerful gaming commission, said he and the other four appointees were ready to get to work to implement the public policy in the best way they can. He pledged that much of that work would take place in full public view.
The five-member panel that will oversee casino gambling in Massachusetts is set to be sworn in and hold its first official meeting. WAMC's Tristan O'Neill reports...
The agenda for Tuesday's meeting of the state Gaming Commission in Boston includes a number of administrative matters, including the election of a secretary and treasurer, the hiring of staff and the choosing of a law firm and outside gaming consultant.
The commissioners are also expected to adopt a mission statement and discuss several other matters, including ethics rules.