The town of Schenectady, New York has approved a casino proposition on the Mohawk River. (Image: John Carl D’Annibale, Times Union)
There’s still a way that is long go before anyone builds a brand new York casino, and there are many 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 way to success.
David Buicko as well as the Galesi Group obtained an endorsement from the Schenectady City Council for their proposed casino as a right component of the Mohawk Harbor task. That local governmental approval ended up being required for the developer become considered for the license from their state.
Casino Just Part of Development Plan
The project that is galesi-backedn’t be just a casino, but a complete redevelopment of the mile-long stretch of land across the Mohawk River. That area was once home to factories belonging to American Locomotive, and will be developed to consist of residential and retail areas, along with a new harbor.
But there is also a casino as part of the plan. Buicko has partnered with Chicago firm Rush Street Gaming to include a gambling hall to his proposal, and hopes that the overall development package enables them to make a casino license.
‘Our company is talking about a $450 million investment in the town of Schenectady,’ said councilman John Mootooveren. ‘ We need to take th