ALBANY — A biggest-in-the-nation convention center would mean a bigger racino at Aqueduct.
Gov. Cuomo said yesterday the Genting Group will seek more gaming machines at the racino it runs at Aqueduct Racetrack as the Malaysian-based gaming giant pours $4 billion into what would be the country’s largest convention center there.
A bigger racino would mean renegotiating the state’s cut from video-lottery-machine revenues, Cuomo said on Albany’s Talk 1300 AM radio. A source said that would mean more money for the state from expanded operations but a smaller percentage of the take, although Cuomo spokesman Josh Vlasto said it’s too early to say, with discussions ongoing.
Genting now gets 21.5 percent of video-lottery revenues, with 44 percent going to education, 10 percent to the state Lottery Division, 14.5 percent to racing operations and 10 percent to marketing.
Cuomo said state costs for the proposed 3.8 million square-foot center would be “minimal.”