Tuesday, July 29, 2008

Three Bidders Pass Background Check For Aqueduct Casino License By Larry Rutherford - Staff Editor, CasinoGamblingWeb.com

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Aqueduct racetrack in New York is readying themselves for a new casino. It is still unknown who the developer will be to bring the casino to the track, but today they are one step closer.

Three developers have put in bids for the casino license for the new casino. All three have passed background checks, meaning that the process in choosing one of them will now move forward.

"We now started to discuss a process by which we pick a winner," said Governor David Patterson. The state inspector generals office cleared all three of the developers.

Capital Play and Mohegan Sun, Delaware North, and SL Green and Hard Rock Entertainment are the three developers that are competing for the license. Governor Patterson, along with two legislative leaders will have the final choice of which one gets the license.

The new casino has been a long time in the waiting. The Project was originally approved back in 2001. In the past seven years, however, the project has not been able to get off the ground. There have been a series of mishaps both financially and legal that have slowed the process.