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 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 path to success.

David Buicko as well as the Galesi Group received an endorsement from the Schenectady City Council for their proposed casino as component of the Mohawk Harbor task. That local approval that is governmental essential for the developer to be considered for a license from the state.

Casino Only Part of Development Plan

The Galesi-backed project wouldn’t be just a casino, but an entire redevelopment of the mile-long stretch of land across the Mohawk River. That area was once home to factories belonging to American Locomotive, and is developed to consist of residential and retail areas, along with a brand new harbor.

But there’s additionally a casino included in the plan. Buicko has partnered with Chicago firm Rush Street Gaming to incorporate a gambling hall to their proposal, and hopes that the general development package will allow them to make a casino license.

‘Our company is speaking about a $450 million investment in the city of Schenectady,’ said councilman John Mootooveren. ‘ We have to take the (more…)