May 5, 2014

Casino plans continue

Racino owners cross the river

Group decides to bet on a proposal in East Greenbush
Updated 12:18 am, Tuesday, April 22, 2014
East Greenbush

After months of contentious debate, the owners of the Saratoga Casino and Raceway have abandoned plans for a full-blown casino at Saratoga Springs' 10-year-old racino in favor of a new site off Interstate 90 in East Greenbush.

The move fundamentally resets the chessboard as multiple developers vie for what will likely be the lone casino license handed out in the Capital Region.
James Featherstonhaugh and Daniel Gerrity, the partners behind the racino at the Saratoga harness track, have purchased about 72 acres off Route 4 between I-90 exits 8 and 9 in a section of town known as Thompson Hill, Featherstonhaugh told the Times Union on Monday. There, across Route 4 from a FedEx distribution center and a Walmart, they propose to build a $300 million resort casino.

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