Casino at Aqueduct

Delaware North Cos. is still working on their plans to bring slot machines to the Aqueduct racetrack in New York City. The group has been meeting with various state officials, and making visits to the track – as well as conducting architectural surveys – all in an attempt to finalize their plans to bring in the slot machines.

Their workers spent last week updating architectural drawings and collecting information that would enable them to finish the slot machine plan. Once they have that completed they can move forward with their attempts to get zoning and permits done.

The company was chosen to bring in and run the slot machines at the track last year, while the New York Racing Association was chosen to stay on to run the track itself. The problem is that although they seem to be moving forward with their plans to bring in the slot machines they have not signed the necessary paperwork with the state that would allow them to do that. They cannot start construction until they sign the memorandum of understanding.

Plus, with them not having signed that deal, and it starting to look like slot machines will come to neighbor Belmont Park, there is an additional competition that could be going on that was not initially expected. The biggest hurdle right now is deciding when the state would make the payment to the state that they said they would when they got the slot machine bid. They currently owe them $370 million.

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