Schenectady Endorses Casino Proposal in Nyc State

Schenectady Endorses Casino Proposal in Nyc 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 long distance to get before anyone develops a brand new York casino, and there are numerous competitors still trying 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 road to success.

David Buicko and also the Galesi Group attained a recommendation from the Schenectady City Council for their proposed casino as part of the Mohawk Harbor project. That neighborhood governmental approval was essential for the developer to be considered for a license from the state.

Casino Only Part of Development Plan

The Galesi-backed project wouldn’t be just a casino, but a whole redevelopment of a mile-long stretch of land across the Mohawk River. That area was once home to factories owned by United states Locomotive, and could be developed to consist of domestic and retail areas, along with a harbor that is new.

But there’s additionally a casino within the plan. Buicko has partnered with Chicago firm Rush Street Gaming to add a gambling hall to their proposal, and hopes that the overall development package allows them to make a casino license.

‘we are talking about a $450 million investment in the populous city of Schenectady,’ said councilman John Mootooveren. ‘ We have to take the Continue reading