N.Y. Racing, Pari-Mutuel Wagering and Breeding Law § 1316: Minimum license thresholds

§ 1316. Minimum license thresholds. No applicant shall be eligible to

receive a gaming license unless the applicant meets the following

criteria and clearly states as part of an application that the applicant

shall:

1. in accordance with the design plans submitted with the licensee's

application to the board, invest not less than the required capital

under this article into the gaming facility;

2. own or acquire, within sixty days after a license has been awarded,

the land where the gaming facility is proposed to be constructed;

provided, however, that ownership of the land shall include a tenancy

for a term of years under a lease that extends not less than sixty years

beyond the term of the gaming license issued under this article;

3. meet the licensee deposit requirement;

4. demonstrate that it is able to pay and shall commit to paying the

gaming licensing fee;

5. demonstrate to the commission how the applicant proposes to address

problem gambling concerns, workforce development and community

development and host and nearby municipality impact and mitigation

issues;

6. identify the infrastructure costs of the host municipality incurred

in direct relation to the construction and operation of a gaming

facility and commit to a community mitigation plan for the host

municipality;

7. identify the service costs of the host municipality incurred for

emergency services in direct relation to the operation of a gaming

facility and commit to a community mitigation plan for the host

municipality;

8. pay to the commission an application fee of one million dollars to

defray the costs associated with the processing of the application and

investigation of the applicant; provided, however, that if the costs of

the investigation exceed the initial application fee, the applicant

shall pay the additional amount to the commission within thirty days

after notification of insufficient fees or the application shall be

rejected and further provided that should the costs of such

investigation not exceed the fee remitted, any unexpended portion shall

be returned to the applicant;

9. comply with state building and fire prevention codes;

10. formulate for board approval and abide by an affirmative action

program of equal opportunity whereby the applicant establishes specific

goals for the utilization of minorities, women and veterans on

construction jobs.