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Casino ante: $182M

Location Board sets minimum investment figure

Robert Williams, acting executive director of the NYS Gaming Commission, talks to applicants at the New York State Gaming Applicant Conference held at the Empire State Plaza earlier this spring.
Photographer: Marc Schultz
Robert Williams, acting executive director of the NYS Gaming Commission, talks to applicants at the New York State Gaming Applicant Conference held at the Empire State Plaza earlier this spring.
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Prospective casino operators will need to spend at least $182.25 million to get a casino license in the Capital Region, the state Gaming Commission announced Monday. The commission’s Gaming Facility Location Board will require prospective operators to invest $135 million into building the gambling area, at least one hotel and other amenities contributing to a destination resort. In addition, operators will be expected to spend $47.25 million on elements of their proposals not included as ...


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