Issues: Racing

Statement From Senate Majority Conference Leader John L. Sampson On Statewide Fiscal Impact Of NYC OTB Closure

Racing & Wagering Board Meets to Stop Fiscal Hemorrhage; GOP Vote Compromises 17,000 Jobs, $500 Million in Payments to OTBs Statewide and Raises State Deficit to $10 Billion

December 9, 2010
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Statement From Senate Majority Conference Leader John L. Sampson On Senate Session Tuesday, December 7th

I am calling the Senate back into session on Tuesday, December 7th to vote on the proposed reorganization of the New York City Off Track Betting Corporation. I have spoken to our colleagues across the aisle to urge bipartisan cooperation and action on this and other outstanding issues before the state, such as appropriating federal funding to keep our educators working. New York faces extraordinarily difficult times and tough choices, but the decision to meet our obligation and work together should be unanimous. In the past, when Democrats and Republicans have worked together, the results worked for New Yorkers. This week, we must once again push aside partisan divides and unite behind our shared responsibility to put the best interests of the people first.

December 2, 2010
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Senate Majority Conference Announces Its Acceptance Of The Division Of The Lottery’s Selection Of Genting New York To Operate VLTs At Aqueduct

Today, led by Senate Majority Conference Leader John L. Sampson, Senate Racing and Wagering Chair, Eric Adams, and Senator Joseph Addabbo, Jr., the Senate Majority Conference announced its acceptance of the Division of the Lottery’s selection of Genting New York to operate the Video Lottery Terminals (VLTs) at Aqueduct Racetrack. “Nothing is more important than creating jobs. The acceptance of Genting puts New York on the fast track to rebuild our local and state economy through sound economic development and immediate and long-term job creation,” said Senate Majority Conference Leader John L. Sampson. 

August 10, 2010
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August 10, 2010
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Creating New Jobs At Aqueduct: Majority Hosts Public Prentation On Getting Proposal For Aqueduct Racino

The Senate Majority Conference will host the state Division of Lottery (DOL) today for a presentation viewable to the public regarding the proposal by Genting, an international firm recommended by DOL, to develop and operate Aqueduct racino. Genting has pledged $380 million to the state for Aqueduct rights. The firm has also submitted a robust job creation plan – a priority of the Democratic Majority – including a focus on partnering with minority and women owned businesses. This is the first time a proposal like this has been open for public viewing, and can be seen today at 1PM online at http://www.livestream.com/nysenate 

August 9, 2010
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NYS Senator Eric Adams, Chair of Committee on Racing, Gaming and Wagering, Promotes Transparency in Government by Hosting a Live Internet Screening of Next Step in Aqueduct VLT Selection Process

NYS Senator Eric Adams, Racing, Wagering and Gaming Committee Chair, champions transparency in government by hosting a premier video conference and simultaneous internet livestream.

 On Monday, August 9th, Senator Adams harnessed technology to provide a video conference and internet livestream of Genting New York's development proposal for Aqueduct Racetrack.

Genting New York was recommended to Governor Paterson by the New York Lottery as the corporation to develop the Aqueduct project. Genting will present its proposal to Senator Adams and racing stakeholders.

August 8, 2010
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ADDABBO’S AQUEDUCT-GENTING SELECTION STATEMENT

Queens, NY, August 3, 2010 – NYS Senator Joseph P. Addabbo, Jr., a member of the Senate's Racing, Gaming & Wagering Committee, today issued the following statement on the winning Aqueduct bidder:  “Today’s selection by the New York Lottery of Genting New York LLC,  means that finally, after almost a decade-long process, the future of Aqueduct Racetrack and the surrounding communities looks bright.”  According to sources at New York Lottery, Genting was chosen for their professionalism and for their understanding of the needs of the community. 

August 3, 2010
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NYS SENATOR JOSEPH P. ADDABBO, JR.: AQUEDUCT STATEMENT

Queens, NY, July 7, 2010 – “After evaluating the recent decision by the New York Lottery regarding the future of Aqueduct Racetrack, I intend to continue my position of making every effort to work cooperatively with whomever is selected to operate at Aqueduct for the sake of my constituents.

July 7, 2010
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June 24, 2010
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ADDABBO ANNOUNCES FRANCHISE OVERSIGHT BOARD FOR NYC OTB

State Senator Joseph P. Addabbo,  Jr. (D-Queens) today announced committee passage of legislation which would create a New York State Franchise Oversight Board (FOB).

June 15, 2010
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Committee Meeting: Racing, Gaming and Wagering

Senate Standing Committee on Racing, Gaming and Wagering Senator Eric Adams, Chair 9:30 AM, Tuesday, June 8, 2010 Room 915 LOB

June 8, 9:30 AM - 10:30 AM
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New York State Senator Eric Adams helps obtain loan to prevent shut-down of New York racetracks

NYS Senator Eric Adams Helps Obtain Loan to Prevent Shut-Down of New York Racetracks

New York State Senator Eric Adams has worked with other legislators to make available a $25 million loan to the New York Racing Association (NYRA), the entity that supervises horseracing in our State.  The line of credit will enable NYRA to keep its tracks open for the remainder of 2010.

May 28, 2010
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Committee Meeting: Racing, Gaming and Wagering Meeting

DUE TO TECHNICAL DIFFICULTIESTHIS COMMITTEE HAS NO VIDEO RECORD.

Senate Standing Committee on Racing, Gaming and Wagering Senator Eric Adams, Chair 9:30 AM, Tuesday, May 4, 2010 Room 915 LOB

May 4, 9:30 AM - 10:30 AM
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A long shot at Aqueduct

 Times Union Editorial, First published: Friday, April 16, 2010  Talk about a losing streak. It's been nine years since New York decided that there was an untapped jackpot at the Aqueduct Race Track, namely the money it could make from video slot machines. Nine years, and still no contract or a franchise to oversee the action that's estimated to be worth about $300 million a year

To read more click HERE.

April 16, 2010
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Little, McDonald, Jordan and Golden Push Expedited, Open VLT Selection Process

SENATORS GOLDEN, MCDONALD, LITTLE JOIN ASSEMBLYMAN JORDAN TO CALL FOR PASSAGE OF LEGISLATION TO SELECT AQUEDUCT VLT VENDOR

April 13, 2010
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April 7, 2010
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