Channel 6 News - Search Results
Proposed Amsterdam casino still in the mix
AMSTERDAM -- There's been a lot of movement on the local casino front in the last few days.
On Friday the developers of the proposed casino at Thruway exit 27 in Montgomery County asked the state for major breaks, including cutting the $50 million license fee in half and a 60 day extension on the application deadline. The gaming commission rejected those requests.
However, developers tell the Amsterdam Recorder they plan on rolling the dice and continuing to push for the casino. They say they can't ignore the great location and community support.
The $250 million project would sit on more than 500 acres and include a casino, hotel, and golf courses.
First year Amsterdam City Councilman, Ed Russo says the green light would be a huge step forward for the area.
"I think we need it, and I think we can do a great job in getting people back to work in the city of Amsterdam and the surrounding area, the town of Florida, and Montgomery County itself. Our economy in Amsterdam is really bad right now. We have nothing, and our poverty level is at the bottom right now. I think by putting the casino in there, I think it will give us a great opportunity to bring us back on the map again," says Russo.
The casino applications from all developers are due in one week, June 30th.