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Casino Saga

Casino bidders get seat at table

$1M fee sends 21 hopefuls to next hurdle

The developers of a proposed $300 million casino, resort and water park in Albany near I-87 are among those who put up a $1 million fee on Wednesday.
The developers of a proposed $300 million casino, resort and water park in Albany near I-87 are among those who put up a $1 million fee on Wednesday.
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Clairvest has its money on Montgomery County. The Toronto-based private equity management firm and casino operator was among a list of 21 companies that submitted the requisite $1 million fee required to apply for one of four state gaming licenses being offered in three regions of New York. Listed with the state Gaming Commission as Florida Acquisition Corp by Clairvest, the company is proposing to build a casino near the Thruway on a swath of ...

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