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Article: A 2-horse race at Aqueduct; NY, champing at bit for cash, near racino decision.(NEWS)
- Article from:
- Crain's New York Business
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: AMANDA FUNG AND DANIEL MASSEY
And down the stretch they finally come.
After months of unexplained and often confounding delays, the state's leaders are expected to select a winner to develop a slot parlor at Aqueduct Racetrack in Queens within two weeks.
"By now, this decision should have been made, shovels should be in the ground and money should be flowing into the coffers of the state, says state Sen. Joseph Addabbo, whose district includes Aqueduct.
Two biddersPenn National Gaming Inc. and SL Green Realty Corp.emerged as front-runners, a source close to the process says, after casino mogul Steve Wynn withdrew his bid. Mr. ...
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