The state gaming commission’s casino siting board on Monday announced the minimal capital investment for casinos in each zone and region.

The investment must include the cost of a casino in a specific area and at least one hotel with additional amenities.

The minimum capital investment is set depending on a variety of factors for a region, including whether a casino is sited in a specific county.

For instance, in the Catksills/Hudson Valley region, the minimum capital investment for a casino placed in Dutchess or Orange counties is $350 million.

But if a casino is not placed those counties, minimum investment for Columbia, Delaware, Greene, Sullivan and Ulster is $130 million.

In the Southern Tier-designated areas of Wayne or Seneca counties, minimum investment is $70 million, the lowest amount needed for a casino-resort facility.

Gaming regulators say they have reviewed a variety of factors in determining the minimum investment, including the climates of carious states such as Massachusetts, Maryland Ohio. The board also reviewed economic and financial models based on estimated gaming revenues for potential locations.

Up to four casinos will be constructed in the first phase of casino construction, including the Albany area and the Southern Tier.