Plans for a casino at a racetrack in New York City have fallen through due to lack of financing.
Delaware Northof
Buffalo won the license to operate the slot machine facility at the Aqueduct
Racetrack. But the firm was unable to secure $370 million for the project amid the economic recession.
The Mohegan Tribe of
Connecticut and the Seminole
Tribe of Florida were among three finalists for the casino but the state passed them over. The Shinnecock Nation of New York, a state-recognized tribe, also expressed interest in the site.
Get the Story:
Lack of Financing Scuttles Deal for Casino at Aqueduct
(The New York Times 3/11)
New York
Financing for New York City casino falls through
Wednesday, March 11, 2009
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