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Old Posted May 22, 2009, 9:27 PM
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http://www.zwire.com/site/news.cfm?n...d=574908&rfi=6

Aqueduct bidders place their bets

by Stephen Geffon
05/14/2009

Last time there were three bidders vying for the opportunity to develop and run an Aqueduct Casino complex in Ozone Park. Now there are seven.

The current list of bidders ranges from major casino operators to real estate and racing interests and is a veritable who’s who of gambling interests that include Las Vegas casino mogul Steve Wynn.

Just in time for the May 8 application deadline, proposals were submitted by
-SL Green Realty Corp.,
-Mohegan Sun,
-Penn National Gaming,
-Delaware North Companies,
-Aqueduct Entertainment Group,
-Peebles Development, LLC,
-and Development Associates, a subsidiary of Wynn Resorts, Ltd., according to Morgan Hook, Gov. David Paterson’s deputy press secretary.

Last October, Paterson selected Delaware North to develop and operate a 328,000-square-foot video lottery terminal facility at Aqueduct Racetrack. But in mid-March the company announced that it would be unable to secure the financing needed to pay the state the $370 million franchise fee. State officials wasted no time and immediately set out to re-bid the project.
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