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Deadline day for casino applications
SCHENECTADY -- Sixteen applications for a casino license were submitted Monday afternoon to the New York State Gaming Commission. Five were for the Capital Region, which will get at least one casino.
Several trucks were seen entering the loading dock of the commission off Broadway. Each truck carried reams of paper containing the respective applications.
"We've got the site, we got the need, and we got all the qualifications more than anyone else as far as the RFA goes," said Rensselaer Mayor Dan Dwyer "This will generate more revenue for the state because of Hard Rock."
Rensselaer and Schenectady plans both call for a revitalized waterfront. Galesi Group thinks its proposal for the Mohawk Harbor Casino and Resort will provide a better economic revitalization.
"We think the impact in Schenectady is big. Take a look at our average wages; we've got $36,000 plus as opposed to some of the others," said Galesi COO David Buicko." It's coming down to what we can do to reduce taxes and reinvest in some of the urban areas."
Applications were also submitted for sites in East Greenbush, Amsterdam and Howe Caverns. The gaming commission is expected to select license recipients in the fall. Operators will then have to begin gaming operations within 24 months after being selected.