Meanwhile, the Assembly’s one-house plan doesn’t include a proposed figure for the three downstate licenses, reports Politico. The budget says that the New York State Gaming Commission’s siting board “shall determine a licensing fee to be paid by a licensee within thirty days after the award of the license which shall be deposited into the commercial gaming revenue fund provided however that such licensing fee shall be no less than one billion dollars per license.' The license fee was proposed by the state Senate in the one-house budget, released on Sunday. The licenses for the upcoming three downstate casinos in New York could cost $1 billion or more each, double than initially expected.
