NYC racetrack deal still not closed

9 February 2009

ALBANY, New York -- As reported by The Buffalo News: "Four months after being selected to run a massive casino at a New York City racetrack, Delaware North of Buffalo has still not closed the deal with the state, leaving some state officials worried that delays could derail the project.

"Besides providing the Buffalo company with a major expansion in the nation's casino industry, the deal is important to the cash-starved state, which is relying on the $370 million the company was — by now — expected to pay Albany for the exclusive contract to operate the casino at Aqueduct.

"Delaware North and the Paterson administration said the issues are being resolved, albeit slowly. But each day the casino is not open, the state is losing an estimated $1 million in revenue-sharing payments, officials estimate.

"...But Delaware North officials said Thursday that there are several issues still to be resolved with the state and that because of the nation's financial crisis, the company has to "restructure" its $370 million financing deal for the project..."


Related Links
New York Online Gambling
Delaware North Gaming Vendor Information
Aqueduct Racetrack Details

Featured Vendors
Casino Network
Shenzhen ZhengYuanTai Technology Co., Ltd.
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
Shenzhen ZhengYuanTai Technology Co., Ltd.
14 years experienced gaming display manufacturer: open frame, curved, and halo monitors
AmericanChecked
Slot Machines Unlimited
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
Dable Advisory & Consulting Services
Players Pal
Dable Advisory & Consulting Services
Advisory & consulting services services for Indigenous entrepreneurs, businesses & organizations
Players Pal
Revolutionize the way you connect with your casino players with the Players Pal mobile app
Talisman Group Creators of EZ Baccarat
Casino City Press
Talisman Group Creators of EZ Baccarat
With over 800 tables in 150+ casinos, EZ Baccarat is the number one brand in baccarat.
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
Texas Slots & Gaming
TribalHub
Texas Slots & Gaming
Wholesale gaming reimagined. Texas Slots & Gaming is your sustainable gaming partner.
TribalHub
25th Annual TribalNet Conference Sept 16-19, 2024 Westgate Las Vegas
Sunkist Graphics, Inc.
Top One Tech Limited
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
Top One Tech Limited
Global Touch solution partner of choice, 10+ years OEM manufacturing, 100,000+ units application
Betson Imperial Parts & Service
Oklahoma Indian Gaming Association (OIGA) Conference
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
Oklahoma Indian Gaming Association (OIGA) Conference
The biggest little show in Indian gaming! Save the date: August 12-14, 2024 Oklahoma City
Regulatory Management Counselors, PC
Imagine This
Regulatory Management Counselors, PC
Over 45 years of experience serving the legal and regulatory needs of casino industry clients
Imagine This
Imagine This #1 Source for Player Gifts. Over $50 million in stock ready to ship! Let us serve you!
Rymax Marketing Services, Inc.
Casino Schedule Ease
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
Casino Schedule Ease
Full Featured & customizable for the complex scheduling needs of table games & other casino depts


Your Guide to 14,943 Gaming Industry Suppliers