The New York Senate is considering a proposal by state Sen. William Larkin that would change the breakdown of slot-machine revenue at the Aqueduct casino, awarding the casino operator a larger share and the New York Racing Association less, legislative officials said. Larkin's proposal would alter the terms of a 30-year extension of NYRA's franchise to run the state's three major racetracks that is supported by Gov. Eliot Spitzer and the state's Assembly.
Steve Casscles, counsel to Larkin, said Thursday that Larkin was concerned that the Spitzer proposal was too generous to NYRA and did not give the casino operator enough money. The Spitzer proposal would give NYRA the franchise to operate Aqueduct, Belmont, and Saratoga while reserving the operation of a slot-machine casino at Aqueduct for an outside contractor.
http://sports.espn.go.com/sports/hor...ory?id=3060580
Funny. I didn't know casinos were strapped for cash. I thought they were doing OK.