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Kathy Hochul: “Two and a half years ago, we made a big bet on this place…”

Featuring: Kathy Hochul, Democratic | Governor of New York

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Governor Hochul Celebrates Major Construction Milestone at Belmont Park

Published | Video Starts at 03:40

Our Commissioner of the gaming commission, Brian O'Dwyer has been recognized. I want a special shout out to Brian and Kevin Law, the Empire State Development Chair as well. So Two and a half years ago, we made a big bet on this place... $455 million loan. People weren't sure and it was just a small amount of money that was required to make it happen. $455 million loan you had me at hello when you said loan. (03:40–03:55)

CLAIM

Asserts that a $455 million loan was made for a racetrack project.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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