New York Governor Kathy Hochul has vetoed legislation that would have accelerated the selection process for three downstate casino licenses, maintaining her stance of non-interference in the gaming concession decisions.

The vetoed bill, Senate Bill 9673A, would have required casino developers to submit applications by August 31, 2024, significantly expediting the current timeline. Hochul justified her decision, stating that changing the timeline mid-process would unfairly advantage certain bidders while disadvantaging others.

The veto comes amid controversy surrounding Hochul's handling of other major issues, including the contentious "congestion pricing" plan for Manhattan and allegations of favoritism toward Steve Cohen's $8 billion Citi Field casino bid with Hard Rock International.

State Senator Joseph Addabbo (D-Queens), the bill's primary sponsor, pushed for acceleration, arguing that expedited licensing could provide an immediate $1.5 billion to the state through the required $500 million payment per license.

Under the current timeline:

• Casino bid submissions are due by June 27, 2025
• Final decisions expected in fall/winter 2025
• Three licenses will be awarded for downstate region
• Each license requires a $500 million payment to the state

The decision maintains the original timeline set by the New York Gaming Facility Location Board, ensuring a thorough review process for all casino proposals in the downstate region.

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