Legislation was passed in the State Assembly that is aimed at helping Saratoga Casino Hotel compete with other casinos, particularly the new Rivers Casino about 20 miles away in Schenectady.
Assemblywoman Carrie Woerner of Round Lake announced the passage of legislation she co-authored with state Sen. Kathy Marchione of Halfmoon to help the casino make capital improvements.
“By increasing the opportunity for local gaming facilities to reinvest earnings, upgrade facilities and expand, we’re helping them to remain at the forefront of a competitive gaming marketplace statewide,” Woerner said. “This bill will allow Saratoga’s casino to create new construction jobs in our area, enhance the experience of patrons and ultimately attract more visitors.”
She said under current law, smaller gaming facilities with fewer than 1,100 gaming machines are able to use 4 percent of their net wins to make capital improvements, while medium-sized facilities cannot.
The new legislation would increase the threshold for small and medium gaming facilities to 1,900 terminals to help level the playing field, Woerner said.