Cuomo dismisses talk of casino bail out

Gov. Andrew Cuomo is casting doubt on a proposal to bail out a struggling upstate casino.

Posted: Mar 28, 2018 9:08 PM

ALBANY, N.Y. (AP) - New York Gov. Andrew Cuomo is pouring cold water on the idea of giving state assistance for a struggling upstate casino.

The Democrat told reporters Wednesday that he doesn't want the state to get into the business of bailing out private businesses.

His opposition to new subsidies for the del Lago Resort and Casino is likely to sink a proposal to reduce the amount del Lago pays to the state each year. That idea was floated Tuesday during negotiations over a new state budget.

Del Lago opened last year in the Finger Lakes, one of four new upstate gambling facilities authorized by voters.

Del Lago said in a statement that the casino is having a hard time competing with a nearby tribal casino owned by the Oneida Indians.

(Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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