Excerpts of casino projects
August 6, 2014 —
REGION — Executive summaries of the nine applications for the one or two casino licenses that will be awarded in the Catskills/Hudson Valley Region are posted at www.gaming.ny.gov/gaming. Below are excerpts from the various applications.
From the Sterling Forest Casino, which would be located in the Town of Tuxedo, and would be located closest to New York City: “New Jersey has a five-year pledge not to permit casinos outside Atlantic City, which expires in 2016. A Meadowlands casino can open almost immediately and will aggressively target and profit from NYC gaming dollars. The new casino location in the Hudson Valley/Catskill region has to be closest to NYC and be nearest to the heavily populated areas of Northern NJ and Western CT in order to withstand competition.”
From Live! Hotel & Casino, which would be located in South Blooming Grove: “The area is known as the ‘Crossroads of the Northeast’ because of three major state highways and interstates that traverse the county. New York State Route I-86 (NY l7) extends from the Scranton area of Pennsylvania, through Orange County to the Massachusetts Turnpike, which crosses the State. Interstate I-87, the New York State Thruway, is the longest intrastate/interstate highway in the Interstate Highway System, traveling from the Bronx to Canada. Interstate I-84 is the only-limited access road to cross New York from west to east between New York City and the Capital District. As such, it is the main vehicular route between Southern New England and Pennsylvania and points west.”
From the Hudson Valley Casino and Resort, which would be located near Newburgh: “Offering seamless access from both I-84 and the New York State Thruway, Hudson Valley Casino & Resort offers the best opportunity to attract and keep New York gaming dollars within the State. Our facility is projected to bring over $244 million in new annual gaming revenue to New York from out-of-state visitors to the facility and by recapturing spending by New Yorkers at casinos in other states.”