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hrmjustin

(71,265 posts)
5. Racino owners drop Saratoga casino plan, place chips on East Greenbush
Tue Apr 22, 2014, 02:30 PM
Apr 2014

Jordan Carleo-Evangelist, Staff Writer

The owners of the Saratoga Casino & Raceway have begun telling local officials that they are abandoning plans to bid for a full-blown casino at the 10-year-old racino in favor of a new site in East Greenbush, according to a person with knowledge of the situation.

The about-face comes less than a week after the Rensselaer County town quietly passed a generic resolution supporting “any reasonable” casino development in town, and after months of rancor in the Spa City between factions supporting and opposing a gambling expansion at the racino.

While East Greenbush had been among the locations included in early speculation about where a Capital Region casino might be sited by the state, Supervisor Keith Langley told the Times Union on Friday that he had not seen “any formal presentations at this point.”

The news also comes just two days before would-be casino licensees must submit their $1 million application fees to the state Gaming Commission ahead of a mandatory applicants’ conference scheduled for April 30.

http://blog.timesunion.com/capitol/archives/211072/racino-owners-drop-saratoga-casino-plan-place-chips-on-east-greenbush/

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