Nassau Regional Off-Track Betting has selected a commercial location for a planned Nassau County, N.Y. mini casino with up to 1,000 video lottery terminals slated to open in 2015.
The agency announced on Dec. 30 that it has picked a vacant building at the Source Mall in Westbury that formerly housed Fortunoff store before it was closed in 2009. The announcement comes three weeks after Nassau OTB passed a resolution to begin authorizing up to $100 million in bonds to buy and develop a casino site. The casino is estimated to generate up to $20 million in annual revenue, according to a Nassau OTB spokesman.
"Fortunoff was chosen for negotiations after numerous submissions were provided to the selection committee through a public Request for Statements of Interest and after extensive considerations were given to each and every site offered," Nassau OTB said in a statement. "This facility provides a centralized location with ample parking and easy access to major thoroughfares as required by the New York State Gaming Commission."
The video slot machines will encompass around 15% of the facility with the remaining portions of the structure featuring restaurants, a food court and administrative offices, according to Nassau OTB officials. The property is located in central Nassau County around 30 miles east of Manhattan.
New York Gov. Andrew Cuomo signed a bill in 2013 that allowed Nassau and neighboring Suffolk County to build one video lottery terminal facility each with a maximum of 1,000 machines.
