Schenectady Endorses Casino Proposal in Ny State

Schenectady Endorses Casino Proposal in Ny State

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

There’s still a way that is long go before anyone 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 road to success.

David Buicko plus the Galesi Group earned an endorsement from the Schenectady City Council for their proposed casino as a right component of the Mohawk Harbor project. That local government approval ended up being required for the developer become considered for the license from their state.

Casino Just 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 over the Mohawk River. That area was once home to factories owned by United states Locomotive, and is developed to consist of residential and retail areas, along with a new harbor.

But there is additionally a casino within the plan. Buicko has partnered with Chicago firm Rush Street Gaming to incorporate a gambling hall to their proposal, and hopes that the development that is overall enables 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 ris (more…)

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