The state Gaming Commission on Monday unanimously approved the first three members of the Gaming Facility Location Board, a powerful five-member panel that will analyze any proposals for the potentially lucrative casino licenses and choose the three that will ultimately move on for final approval. It remains unclear when the commission will appoint the last two members.
“This is not preconceived,” he said at the commission’s meeting in Manhattan. “It is their job to make an independent decision as to the appropriateness of the licenses.” They were also required to have “significant” experience in the fields of finance or economics, either as an economist, a financial analyst or an academic – or as an executive in charge of a large organization. The position is unpaid.
The new members of the board bring with them significant experience in the fields of economic development and housing.
Source: News Formal (newsformal.com)
This will be an unmitigated disaster for residents, especially those already struggling.
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