The Ontario County Board of Supervisors passed a resolution on Thursday evening, December 6, indicating their support for full casino gaming at Finger Lakes Casino & Racetrack (FLCR).
The resolution, which was adopted unanimously by the Board, recognizes FLCR as a long-time contributor to the economic vitality of the Finger Lakes region, Ontario County and the Town of Farmington through the creation of jobs, capital investment, collection of taxes and direct reimbursements. Furthermore, it requests that FLCR be authorized for full casino gaming under a proposed constitutional amendment that will continue to be considered by the New York State Legislature and Governor Cuomo in 2013.
“We thank the Ontario County Board of Supervisors for their strong support of full casino gaming at Finger Lakes,” said Chris Riegle, president and general manager of FLCR. “An enhanced facility would only increase our contribution to the local economy by creating jobs and adding millions to local and state governments, including critical funding for education. We look forward to continuing to work with the Governor and State Legislature to make this a reality.”
An economic impact study released earlier this year calculated the current economic impact of FLCR at nearly $46 million to Ontario County, and $120 million in total, with over 1,700 jobs supported by operations. Furthermore, since gaming operations began in 2004 over $420 million has been generated through FLCR for education funding in New York State.
The addition of enhanced gaming, including table games and traditional slot machine product, would generate an immediate impact of an additional $120 million through construction of an expanded facility and more than 790 construction-related jobs. Also, over 600 permanent jobs and $34 million in added economic impact on an annual basis county-wide in Ontario County would be realized through ongoing operation.
If a constitutional amendment authorizing full casino gaming is passed by the State Legislature and Governor in 2013, approved by voters statewide in November 2013 and FLCR is awarded a license to operate such a facility, approximately $80 million in private investment would be put toward an expansion to create a complete tourism destination within Ontario County. Upgrades are projected to include a new luxury 200-room hotel, two new restaurants, an Events Center, as well as an expansion of gaming space.