In January, Moody's Investor Services downgraded del Lago's credit rating from stable to a negative. Though advertised as cash cows, del Lago is one of several new upstate casinos that saw first-year slot machine and table game revenue finish far short of what was originally projected.Īccording to the Associated Press, del Lago generated $113 million in gambling revenue in its first nine months, far short of its $263 million projection. Cuomo's statewide casino expansion initiative. The casino, located in the Town of Tyre in the northern Finger Lakes, opened in February 2017 as part of Gov. Cuomo denied the request, saying he doesn't want the state to get into the business of bailing out private businesses. Wilmot went to Albany back in March to request amending the casino's tax break after first-year revenue shortages.

The visit came just as state lawmakers were wrapping up the 2018 legislative session. The topics of conversation in the meeting weren't made clear by the state and del Lago representatives have not responded to requests to comment.

Andrew Cuomo's Division of the New York State Budget, the agency confirmed to CNYCentral last week. Thomas Wilmot traveled to Albany on June 12 to meet with members of Gov. Three months after the co-owner of del Lago Resort and Casino went to Albany asking for financial assistance from the state, he was back.