The New York City Off-Track Betting Corp. could get a last-minute reprieve from its threatened shut-down Dec. 3, following a promise by the New York state Senate to take up a reorganization bill for the state-owned entity.
A politically-wired lobbyist for a bidding group that initially won the development rights to the Aqueduct casino project was provided details about competitors' bids by the top Democrat in the New York state Senate.
Officials in New York have failed to agree on a bailout plan for the New York City Off-Track Betting Corp., which issued layoff notices Friday to its 1,300 workers as it prepares to close down April 11.
- By Tom Precious
New York officials have scuttled the deal with Aqueduct Entertainment Group to develop a sprawling casino at Aqueduct racetrack, leaving an uncertain future over when the project will ever take shape.
New York Gov. David Paterson and legislative leaders have tapped Aqueduct Entertainment Group to run a sprawling new video lottery terminal casino at Aqueduct.
Frustrated by the delay in picking an Aqueduct casino operator, New York Gov. David Paterson said he is moving to publicly name his choice in hopes of putting pressure on legislative leaders to make a decision.
- By Tom Precious
Negotiations for an Aqueduct casino operator have stepped up again, with a new flurry of talks between Gov. David Paterson and legislative leaders occurring in advance of a return by the state legislature the week of Nov. 16 to deal with New York's soaring deficit.
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