Developer of proposed Amsterdam casino denied extension, lower license fee

AMSTERDAM, N.Y. — New details have emerged about the casino application in Amsterdam.

The New York State Gaming Facility Location Board has denied a request by the developer there to cut the license fee, bringing it down to $25 million. The board also denied a request for a 60 day extension.

From New York Gaming Facility Location Board Spokesman Lee Park:

“The requirements spelled out in the Request for Applications (RFA) establish a level playing field for all potential applicants, including the proposed project in Amsterdam. It is simply not feasible or fair to alter any provision of the RFA or make concessions at the request of a bidder. To do so would create an unfair bidding process for every other potential bidder and invalidate the RFA. While we cannot honor any applicant’s request to make concessions or alterations to the RFA, we do encourage all applicants to move forward with their bids and put their best plans forward.

The Gaming Facility Location Board carefully and thoroughly formed the RFA’s components, including the minimum license fee and the application deadline, with the assistance of the Board’s Gaming Advisory Services Consultant. The RFA clearly follows the intent of the Upstate New York Gaming Economic Development Act – to create an open and competitive process to determine the best possible applicants to provide jobs and revenue to the locality, region and state.”

Montgomery County officials will be speaking with the developer and they say they hope the developer decides to move forward.

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