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Schenectady Endorses Casino Proposal in New York State

Schenectady Endorses Casino Proposal in New York State

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

There’s nevertheless a good way to get before anybody develops A new York casino, and there are numerous competitors still seeking to grab certainly one of four upstate licenses. But one project has earned a major approval that will move it at least one space further down the long way to success.

David Buicko and also the Galesi Group earned 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 become considered for a license from their state.

Casino Only Part of Development Plan

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

But there is also a casino within the plan. Buicko has partnered with Chicago firm Rush Street Gaming to include a gambling hall to their proposal, and hopes that the general development package allows them to make a casino license.

‘Our company is talking about a $450 million investment in the town of Schenectady,’ said councilman John Mootooveren. ‘ We need to take the risks in Devamını oku