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Schenectady Endorses Casino Proposal in Nyc State

Schenectady Endorses Casino Proposal in Nyc State

The town of Schenectady, New York has approved a casino proposition regarding the Mohawk River. (Image: John Carl D’Annibale, Times Union)

There’s nevertheless a long distance to get before anyone develops a brand new York casino, and there are many competitors still looking to grab one of four upstate licenses. But one project has earned an approval that is major will move it at least one space further down the long road to success.

David Buicko therefore the Galesi Group attained an endorsement from the Schenectady City Council for their proposed casino as component of the Mohawk Harbor project. That regional approval that is governmental necessary for the developer to be considered for the license from the state.

Casino Only Part of Development Plan

The project that is galesi-backedn’t be just a casino, but an entire redevelopment of the mile-long stretch of land across the Mohawk River. That area was once home to factories belonging to American Locomotive, and could be developed to consist of domestic and retail areas, along with a brand new harbor.

But there is also a casino as part of the plan. Buicko has partnered with Chicago firm Rush Street Gaming to incorporate a gambling hall to his proposal, and hopes that the overall development package will allow them to earn a casino license.

‘we are talking about a $450 million investment in the populous town of Schenectady,’ said councilman John Mootooveren. ‘ We ne (more…)

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Schenectady Endorses Casino Proposal in Nyc State

Schenectady Endorses Casino Proposal in Nyc State

The town of Schenectady, New York has approved a casino proposal on the Mohawk River. (Image: John Carl D’Annibale, Times Union)

There’s still a long way to go before anyone develops a brand new York casino, and there are lots of competitors still seeking to grab one of four upstate licenses. But one project has earned an approval that is major will move it at least one space further down the long path to success.

David Buicko and the Galesi Group obtained an endorsement from the Schenectady City Council for their proposed casino as a right component of the Mohawk Harbor task. That local approval that is governmental necessary for the developer to be considered for the license from the state.

Casino Only Role of Development Plan

The Galesi-backed project wouldn’t be just a casino, but a complete redevelopment of a mile-long stretch of land along the Mohawk River. That area was once home to factories belonging to United states Locomotive, and will be developed to add residential and retail areas, along with a brand new harbor.

But there is additionally a casino as part of the plan. Buicko has partnered with Chicago firm Rush Street Gaming to add a gambling hall to his proposal, and hopes that the general development package will allow them to make a casino license.

‘Our company is chatting about a $450 million investment in the city of Schenectady,’ said councilman John Mootooveren. ‘ We need to take the risks in Schen (more…)

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