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Schenectady Endorses Casino Proposal in Ny State

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

There’s still a good way to go before anyone builds A new York casino, and there are plenty 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 way to success.

David Buicko and also the Galesi Group attained an endorsement from the Schenectady City Council for their proposed casino as a right component of the Mohawk Harbor task. That regional government approval ended up being necessary for the developer become considered for the license from their state.

Casino Only Part of Development Plan

The project that is galesi-backedn’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 belonging to American Locomotive, and is developed to add residential and retail areas, along having a harbor that is new.

But there’s additionally a casino as part of 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 will allow them to earn a casino license.

‘we are talking about a $450 million investment in the populous city of Schenectady,’ said councilman John Mootooveren. ‘ We need to take the risks in Читати далі…