Wednesday, March 11, 2009

No racino for now at Aqueduct

"Plans to build a casino at the Aqueduct racetrack in Queens have collapsed, the latest victim of the financial turmoil that has tightened the credit markets. Delaware North, the Buffalo company that was contracted to build and operate the casino, has not been able to get the financing to raise the $370 million it was to pay the state upfront, officials said. That leaves the state with yet another hole to plug in its ever-leakier budget." (The New York Times)

Previously on EV Grieve:

Thanksgiving at Aqueduct

Thanksgiving at the Aqueduct, Part 2

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