New York

hrmjustin

(71,265 posts) Wed Jun 4, 2014, 11:31 AM Jun 2014

Albany to Rensselaer: Casino site switch?

Kenneth C. Crowe II, James M. Odato and Alysia Santo

Rensselaer

The Rensselaer Common Council is expected to vote on a resolution Wednesday night that would support a casino license for De Laet's Landing as a public presentation for an Albany site has been pushed off by the developer.

Rensselaer County political sources familiar with casino developments in East Greenbush and Rensselaer said Tuesday that David Flaum is moving toward making the 24-acre De Laet's Landing on the Hudson River his preferred location for a casino in the Capital Region.

The Rensselaer Common Council is awaiting a final draft of the resolution to consider, City Clerk Nancy Hardt said.

The developments in Rensselaer come as the members of Flaum's team pushing the E23 casino project at Thruway Exit 23 in Albany have been unusually quiet lately.

http://www.timesunion.com/local/article/Casino-site-switch-5526756.php

20 replies

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Highlight:

Albany to Rensselaer: Casino site switch? (Original Post) hrmjustin Jun 2014 OP

editorial: It s OK to say no casino hrmjustin Jun 2014 #1

Rensselaer may be back in running for a casino hrmjustin Jun 2014 #2

Wilmot casino fails to get Onondaga County support Tuesday hrmjustin Jun 2014 #3

Another public hearing regarding proposed casino to take place Wednesday hrmjustin Jun 2014 #4

Dwyer: Flaum approached us and we said ‘fine’ hrmjustin Jun 2014 #5

New bet over Hudson hrmjustin Jun 2014 #6

'X' marks the spot for zombie homes hrmjustin Jun 2014 #7

Catskills casino team pulls out of the running hrmjustin Jun 2014 #8

What the pro-East Greenbush casino ad leaves out hrmjustin Jun 2014 #9

Foxwoods isn’t sure about its Catskills plans hrmjustin Jun 2014 #10

Troy acts to fight blight; backs casino sites hrmjustin Jun 2014 #11

Racinos' finances: Empire City Casino saw net win hrmjustin Jun 2014 #12

Tioga Downs announces 'All In' coalition for full casino gaming license hrmjustin Jun 2014 #13

Racinos struggle in first five months of year hrmjustin Jun 2014 #14

Orange County casino plans crowding out Catskills hrmjustin Jun 2014 #15

Sullivan County casino developer drops plan hrmjustin Jun 2014 #16

Stockade residents rally against Schenectady casino plan hrmjustin Jun 2014 #17

Schenectady City Council to Vote on Casino Resolution - See more at: http://albany.twcnews.com/conte hrmjustin Jun 2014 #18

Revenue down at some racinos hrmjustin Jun 2014 #19

council backs casino. hrmjustin Jun 2014 #20

hrmjustin

(71,265 posts)

1. editorial: It s OK to say no casino

Reply to hrmjustin (Original post)

Wed Jun 4, 2014, 11:34 AM

Jun 2014

TU Editorial Board

Our opinion: Given the turn of fortune casinos are seeing, communities need to carefully consider whether they’re worth the risk.

As it comes down to the wire for the Capital Region contenders in the grand casino license competition of 2014, it’s time for the host communities to say whether they are in the game.
Adding to the gravity of their decision is a new analysis that shows that as casinos have spread around the country, these hoped-for cash cows are looking more like albatrosses. In some cases, in fact, states are having to bail out these enterprises.

The state Gaming Commission, going further than state law requires, says it will defer to local governments on whether they want a casino. At most, one license will be granted in the region. So in coming weeks, town boards and city councils in the would-be host communities will have to act.

http://blog.timesunion.com/opinion/its-ok-to-say-no-casino/29338/