Racino to Casino: A Bad Idea?

Oct 31, 2013

Credit Triin Q's photostream Flickr

Proponents hope that Proposition 1 will pass on Tuesday and the result will be lower property and school taxes for New Yorkers. But opponents of Governor Andrew Cuomo's casino expansion plan warn there will be consequences for all New Yorkers.

That's Republican Assemblyman Tony Jordan of the suburban Capital Region telling NewsChannel 13 those opportunities include 35 million dollars annually for school and property tax relief - and if Saratoga gets the green light to transform its slots racino into casino, there will be jobs as the staff doubles to nearly 12-hundred people.

But the Institute for American Values believes otherwise. The New York city-based non-partisan  think-tank has released THREE reports warning that casinos will ultimately be bad for the state.

David Blakenhorn authored "A Casino Land Report." He says Cuomo is proposing regressive public policy.

Paul Davies wrote another such report, "Stacked Deck," which labels New York's casino plan as "dishonest." Davies contends the plan is all about politics --- not policy.

Barbara Whitehead prepared the report "Why Casinos Matter.” She challenges New York to take a stand to protect citizens against the harm of casino gambling.

A Cuomo spokesman referred calls for comment to Stu Loesser of New York Jobs Now, who pointed to the fact many New Yorkers routinely travel to neighboring states to gamble, and there are advantages to keeping that money in New York by creating Atlantic City-style casinos featuring a full slate of gaming, entertainment and hotel accommodations.