On Friday, Aug. 13, Sen. Eric Adams (D-WF), Saratoga Supervisor Joanne Yepsen, Mayor Scott Johnson and members of the state's racing and business community gathered on the front steps of Adirondack Trust Bank on Broadway in Saratoga Springs to announce a significant step forward in the quest to support VLTs in New York State.
Adams, senate racing and wagering chair, announced the acceptance of the Division of Lottery's selection of Genting New York to operate the Video Lottery Terminals at Aqueduct Racetrack. The company reportedly demonstrated the financial resources to bring real economic stability and good paying jobs to the community, as well as submitted a job creation plan that focused on engaging local community involvement, minority and women-owned businesses and emphasized buying local and donating 1 percent of their total annual income to the community.
"Once the announcement took place two weeks ago I made a commitment to you all that by Friday, we will have this acknowledged and have all houses sign off on it. There's no reason to continue having this community living under a cloud of uncertainty," said Adams. "We must have transparency to understand why this industry needs the VLTs, why we demanded to have it take place and that's only the first top. We're going to turn racing around in this state. This town is on a route to the heydeys of yester-year."
This agreement reached between Gov. David Paterson and the legislature means "significant economic benefits" for Saratoga, the Capital Region and the state's racing and gaming industry. Adams said the "victory" came about despite setbacks and hurdles.
"I know there's been a level of buffoonery in state government and we've hit bumps in the road and curves in the road, but a bend in the road is not the end of the road unless you fail to make the turn. We make the turn this week and racing will be better because of that," said Adams.