Applications were due today from developers looking to build four casinos in three upstate areas: the Southern Tier, Albany area and the Catskills.
The formal applications were due by 4 p.m.. Bidders could withdraw their applications and get back the $1 million.
The license fee to open one of four upstate casinos in New York will range between $20 million and $70 million.
The bidders had to include a 52-page application and hundreds of pages of documents. Twenty copies of each submissionl were required, leading bidders to truck in stacks of their proposals to Albany.
The stakes are high, and billions of dollars are at play. The commission’s Gaming Facility Location Board is expected to pick the winning bidders this fall.
The most sought-after area for the casinos is in the Catskills/Hudson Valley – the closest region to the 12 million people who live in the New York City area.
Eight of the 17 bidders are from the region, which is the favorite to land two of the licenses. A proposal by the Malaysian-based gambling giant Genting Inc., in Tuxedo, Orange County, would be just 41 miles from Manhattan.
Five of the proposals are for Orange County; two from Sullivan County on parts of the former Concord Hotel; and one is in Ulster County at the former Nevele resort.
Three proposals are in the Southern Tier/Finger Lakes: in Seneca County, Tioga County and Broome County near Binghamton. Six of the initial licenses are in the Albany area.
Here’s the 17 remaining bidders, but the list could change by tonight: