During yesterday’s State of the State address, Governor Cuomo revealed several initiatives to spur economic development and increase state revenue. One includes a plan to expand gambling in New York by adding three Las Vegas-style casinos upstate.
The governor said 90 percent of the state’s share of the casinos’ revenue would go to education and 10 percent would go to local governments for tax relief.
This year, the state legislature is expected to vote on an amendment to the state constitution that would allow up to seven Las Vegas-style casinos outside of Indian land. If the measure passes, voters would also vote on the amendment in November.