Skip to content
Home » News » Business » del Lago takes to Albany for help equalizing ‘unfair’ playing field

del Lago takes to Albany for help equalizing ‘unfair’ playing field

The state could consider several avenues to help del Lago, which has failed to meet revenue projections since it opened in February 2017.

State legislators, for example, could pass a law to allow del Lago to have a lower tax rate.

Or del Lago might be able to pursue some administrative actions to help their finances through the state Gaming Commission.

But so far, Cuomo has rebuked del Lago’s requests and so too have many lawmakers.

Assembly Racing Committee chairman Gary Pretlow, D-Mount Vernon, has opposed any bailout for del Lago and said its owners have not reached out to him in recent days.

“If they have a beef, it’s with their consultants who did the numbers,” Pretlow said Monday.

In March, Cuomo acknowledged the state’s private casinos were struggling since they opened their doors last year.

“But they’re private concerns, and I don’t want to get into the business of bailing out private concerns,” he told reporters then.

On Monday, del Lago announced Mark Juliano would serve as the casino’s new general manager after serving in leadership at casinos across the country over the past 30 years. The position had been held by Jeff Babinski.

Democrat & Chronicle:
Read More

Top