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As decision time on the future of New York casinos quickly approaches, it’s a push for proposition one and the estimated 10,000 jobs it will bring to the state. As Election Day grows near, YNN’s Alexandra Weishaupt has more on what local leaders hope approval could mean for the Hudson Valley Region.
KINGSTON, N.Y. -- A lot of jobs could be on the way if voters approve a referendum making Vegas style casinos legal in New York.
“The Catskill/Hudson Valley Region has for years and years been dreaming of this day and I think on Election Day, people around here are going to be very excited and for good reason,” said Nevele Investors CEO Michael Treanor.
In Ulster County, it’s the restoration of the Nevele Resort in Ellenville that officials and business owners are hoping for. A project expected to bring about 1,600 permanent positions. Supporters of gaming in the state say it will also help the economy in other ways.
“Hundreds of workers in our midst working at the Nevele, bringing their kids to our school yards, bringing all of those people to our grocery stores and restaurants,” said Ulster County Chamber of Commerce President Ward Todd.
If approved, the $1.2 billion state residents are currently spending each year in Canada, Massachusetts, Connecticut, New Jersey and Pennsylvania casinos could soon be spent right here in New York.
And by doing so, proponents say it would bring more than $51 million to the area, which is money that could go towards improving schools, helping local governments fund critical services, and lowering property taxes.
Opponents of the referendum, however, claim those projections for jobs, property tax relief and funding for schools are overly rosy. But Monday, it was a show of support from Ulster leaders to bring the once thriving Nevele back.
“We're talking about a rich history of resorts in the Catskills, we're talking about a place like the Nevele that's fantastic, we're talking about it being brought back to life and thriving, and because of that we're all behind and hoping to have Proposition 1 passed in November,” said Ulster County Executive Mike Hein.