Odato notes that by allowing up to seven casinos, but specifying none in particular, the legislation denies the Malaysian gaming giant Genting “a clear path” toward winning one of those seven golden gambling tickets. And then there are all the outside players who are angling to get a piece of the action, like Steve Wynn, who’s been trying to get into the New York market for years now. The progress toward full casino legalization in Albany, Odato says, is prompting a “feeding frenzy,” because the legislation allows only seven casinos, while the New York Gaming Association, which is one of the main lobbyists for casino gaming legislation, has nine members. With a V.L.T., the result of each play is determined by a central computer and not by circuitry within the machine itself, as is the case with slot machines. What’s a V.L.T.? It’s a slot machine.Under New York state law, however, slots are illegal.
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