Only Malaysian-based Genting New York remains a viable candidate but its selection to run a casino at Aqueduct is far from certain.
Three companies met the 4 p.m. EDT June 29 deadline to submit financial offers to run a casino at Aqueduct.
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.
Getting a casino at Aqueduct could be delayed further by political in-fighting.
New York Gov. David Paterson and legislative leaders have tapped Aqueduct Entertainment Group to run a sprawling new video lottery terminal casino at Aqueduct.
Top state officials in New York are still discussing options for an operator of the long-delayed Aqueduct racetrack casino, but negotiators appear split on whether a final announcement needs to be a part of talks now underway to resolve the state's deficit.
- 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.
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.
Las Vegas casino executive Steve Wynn has pulled out of the running for the long-stalled Aqueduct casino project, sources said Nov. 4.
- By Tom Precious
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.
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.
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.
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.
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.
- By Tom Precious
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.
Empire Racing has announced that it has aligned itself with SL Green Realty Corp., Manhattan's largest owner of commercial office real estate.
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