3 Hurdles Casino Cos. Face In Sprint For NY License

Law360, New York (June 3, 2014, 5:06 PM EDT) -- In an effort to advance New York state's long-delayed casino plans, gambling regulators have proposed an unusually short application review process set to begin later this month. If regulators stick to the plan, license hopefuls face at least three major hurdles to closing their deals quickly, attorneys say.

Wooing Regulators

With the New York State Gaming Commission currently proposing to take up final applications at the end of June and make its decisions by the end of the year, one of the biggest hurdles for license bidders will be positioning themselves for a smooth due diligence and application review by regulators,...

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