This report by Common Cause may help explain why Gov. Andrew Cuomo and other legislative leaders suddenly want to change the state Constitution in order to allow commercial casinos in New York.
Since 2005, gambling interests have spent nearly $50 million on lobbying and campaign contributions in New York, according to an analysis by Common Cause. Translation: money talks. (Recall that Cuomo never even mentioned legalizing casino when he was running for office. Now it is at the top of his agenda.)
As the casino issue has heated up in the last year, there has been a surge in spending. Gambling interests have spent nearly $4 million on lobbying and more than $700,000 on campaign contributions in the first half of 2012, according to The New York Times.
The spending playbook by the gambling industry is the same one used to legalize casinos in other states. No doubt $50 million is a lot of money to most folks. But consider this: the new slots barn at the Aqueduct racetrack in Queens is raking in more than $50 million in revenue a month. In other words, $50 million to buy up, er influence, some lawmakers is a great return on investment.
Look for the spending in Albany to continue as the gambling interests work hard to upend the Constitution and expand gambling across the state. Of course, opening the doors to more casinos, means lawmakers will enable a policy that strips money from the very residents they are sworn to protect. Indeed, that point gets lost in the river of money gushing into Albany from the casinos interests.