Business & Economy

Governor Cuomo outlined the details of his plan to site three gambling casinos upstate.
 
Cuomo, joined by union and business leaders, and representatives from county governments, offered more details of a plan to build three new gambling casinos. Cuomo says he wants to limit the locations to upstate regions for now, to prop up the failing economy.  The governor says upstate needs jobs like it needs “oxygen.” And he says having a downstate location would devalue the upstate centers.
 

Governor Cuomo and legislative leaders tried to jump start negotiations over siting several new gambling casinos in New York. But they also conceded that the plans might be delayed for another year.
 
Legislative leaders and Governor Cuomo met for the first time together in over a month, and they focused on an issue they had originally hoped to settle in the budget, the expansion of gambling in New York.
 

Governor Cuomo says he hopes to soon create a statewide board to help fiscally strapped local governments restructure.
 
Cuomo says he’ll soon create a special government restructuring board that can work with local governments in financial crisis to help cut costs and perhaps share services or merge with other governments. He says many municipalities have been “unable to pay their bills for a long period of time”, and more state aid won’t change that.