Keyword: Delaware North

  • Finger Lakes Gaming & Racetrack

    Finger Lakes Sues Over Proposed Casino

    The owner of Finger Lakes Gaming & Racetrack in upstate New York is asking a state judge to halt the awarding of a license for a new commercial casino located just 25 miles away from the 1960s-era racetrack.

  • Finger Lakes

    Casino Would Negatively Impact Finger Lakes

    The head of the horsemen's group at New York's Finger Lakes racetrack said the facility could be forced to close in the coming years unless state officials take action to protect it from a new commercial casino.

  • Vic Zast at the Breeders' Cup.

    Turf Writer Vic Zast Dies at Age 69

    Vic Zast, a racetrack executive, businessman, turf writer, and ardent racing fan, died Aug. 3. Zast, who had been a regular contributor to The Blood-Horse and authored the "Saratoga Diary" blog at Bloodhorse.com, was 69.

  • Aqueduct Casino Said Down to Final Three

    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.

  • All Five Aqueduct Bidders Meet Deadline

    All five remaining bidders for the Aqueduct gaming project said they have met a Nov. 6 deadline to guarantee a quick $200-million payment to the state of New York if they are chosen to develop the video lottery terminal casino at the Queens racetrack.

  • New York Gov. David Paterson

    NY Gov. Meets on Aqueduct Casino Project

    Gov. David Paterson and New York legislative leaders met behind closed doors Oct. 29 in Manhattan to try to resolve the selection of an operator for the long-stalled Aqueduct video lottery terminal casino project.

  • Aqueduct Casino Decision Forthcoming

    Gov. David Paterson hinted that selection of an Aqueduct video lottery terminal casino operator could come as early as Oct. 1, but sources indicated it take a little while longer.

  • Bidding for Aqueduct VLT Project Tightens

    Negotiators in New York have tentatively narrowed down the bidding list to three entities to run the long-delayed video lottery terminal casino at Aqueduct, and a final decision could come as early as the week of Sept. 28.

  • Seven Bids Submitted For Aqueduct Casino

    Trying one more time, the state of New York accepted seven new bids - from major casino operators to real estate and racing interests -- to develop a casino at Aqueduct racetrack, an authority first approved for the facility back in 2001.

  • Suit Filed Over Aqueduct Casino Bid

    The long and twisting turns of efforts to develop a casino at Aqueduct racetrack has gone to a new venue: state court. SL Green Realty Corp., a Manhattan real estate company, has sued Buffalo-based Delaware North for breach of contract and other causes with allegations that include taking confidential information it obtained from SL Green for use in its bid for the casino.

  • Lawmaker: Let NYRA Develop VLT Casino

    The state of New York should abandon efforts to find new bidders to develop a video lottery terminal casino at Aqueduct and instead tap the New York Racing Association to run the long-delayed facility, a leading state lawmaker believes.

  • NY Officials Scramble for Aqueduct Bids

    As state officials in New York scrambled to re-group following the collapse of the Delaware North plan to build a casino at Aqueduct racetrack, at least one of the former bidding groups said it would be interested in making a new bid on the long-stalled project.

  • More Delays For Aqueduct Casino Project

    The long-stalled Aqueduct casino project will now be facing yet another delay, as the company that won the rights to develop the facility is telling the state it cannot meet a deadline to make its $370 million franchise fee payment.

  • Issues Delaying VLT Casino at Aqueduct

    The company selected to operate video lottery terminals at Aqueduct said there are a host of unresolved issues, including restructuring its financing deal, before it can close on a final agreement with the state of New York to begin construction on the long-delayed facility.

  • Belmont Park

    NY Governor Proposes Belmont Casino

    New York Gov. David Paterson is proposing to permit a casino at Belmont racetrack, a move he believes will raise $370 million in a franchise fee payment to the deficit-ridden state.

  • Aqueduct Casino Project Finally Approved

    New York state officials finally gave Delaware North approval to build and operate a video lottery casino at Aqueduct. The racetrack will house New York City's only legal casino, which could generate tens of millions for purses and breeders' awards.

  • Aqueduct VLTs to Finger Lakes Owner?

    New York Gov. David Paterson selected Delaware North to run a new, sprawling video lottery terminal casino at Aqueduct, sources at the state capital said Oct. 10. But the Senate balked at his choice.

  • Aqueduct

    Aqueduct Casino Project Moves Forward

    The three bidders vying for lucrative rights to develop a casino at Aqueduct racetrack in New York have all passed a critical background check by the state, Governor David Paterson said July 20.

  • Magna, Churchill Withdraw From Empire Racing

    A consortium of major horse industry companies vying for the Thoroughbred franchise in New York began falling apart Oct. 10, as Magna Entertainment Corp., Churchill Downs Inc., and Delaware North announced their withdrawal from Empire Racing Associates.

  • Green 'Thumb' Hinges on New York Revenue Model

    Finger Lakes Gaming & Racing will add almost 200 video lottery terminals as part of a $4-million expansion, but a top official with owner Delaware North indicated major racing-related projects, such as installation of a turf course and perhaps a synthetic surface, are closely linked to the VLT revenue model in New York.

  • Delaware North Names Vice President of Finance

    Michael Corbin has been named to the new position of vice president of finance for Delaware North Companies Gaming & Entertainment, which is expanding from a racing company to a full-scale hospitality company.

  • Finger Lakes Owner Signs On With 'Friends'

    The company that owns Finger Lakes Gaming and Racetrack and operates video lottery terminals at two upstate New York harness tracks has joined the board of directors of Friends of New York Racing, the advocacy organization that seeks to create a better business model for horse racing in the state.

  • Analysts: New York Racinos No Sure Bet

    Hit by relatively high revenue-sharing demands from the state and plans for even more gambling competition, New York's racetrack video gaming machine program has a murky future, Wall Street analysts and industry officials said.

  • Finger Lakes Officially State's First Thoroughbred Racino

    Patrons waited more than two hours to enter Finger Lakes Gaming & Racetrack Feb. 18 for the opening of the track's video lottery terminal parlor. The scene was reminiscent of one that played out a few weeks earlier when Saratoga Gaming and Raceway became New York's first operating racino.