From the NY Times:
...eight years and one recession later, state officials still cannot agree on an operator for the aging track, despite the obvious financial incentive: a refurbished operation with video gambling machines would generate more than $1 million a day, many experts say.
The latest round of talks has been stalled for months, and despite a series of meetings among Gov. David A. Paterson and legislative leaders to try to resolve the matter, they remain deadlocked. The pressure is on state lawmakers, who have already included a $200 million upfront payment from the winning bidder in their plan to reduce a multibillion-dollar budget deficit.
The problem is that the governor and the leaders of the Assembly and the Senate must agree on the winning bid.
The governor’s office appears to favor a group led by SL Green Realty, Manhattan’s largest commercial landlord, and Hard Rock International, or maybe Delaware North.
The Senate, which would have to approve the selection, has expressed enthusiasm for Aqueduct Entertainment Group, even though some advisers say it is one of the weaker of the six bidders. The Assembly, in turn, has not shown a preference, although Speaker Sheldon Silver is thought to favor Delaware North or SL Green.
Given the history of tortuous and interminable negotiations over selecting an operator — symbolizing the worst of Albany’s dysfunction and backroom political horse trading — no one is expecting a quick compromise.