Catskills casino gets county OK

MONTICELLO, NY -- The Sullivan County Legislature today approved an agreement with the Seneca Nation of Indians and Seneca Catskills Gaming Corporation to develop a casino resort on 63 acres of land in the Catskill Mountains.

The long-discussed project will be located off Interstate 86 Exit 107 in the Town of Thompson.

Once completed, the Seneca Catskill Mountains Hotel & Casino will include 2 million square feet of space, 6,000 slot machines, 120 table games, 30 poker tables, a race book center, a 1,500 room hotel and spa, 12 restaurants, retail space, a 5,000-seat arena, 100,000 square feet of banquet space, and an arcade center.

The agreement calls on the county to "actively work with and assist the Nation, to obtain any and all approvals required for the project from governmental entities. In further consideration of this Agreement, the County will undertake, in its sole discretion, to enter into agreements with locally impacted entities to mitigate impacts of the project."

The Seneca Catskills Gaming Corporation will pay directly to Sullivan County for the benefit of the locally impacted entities as determined by the county annual local-impact payments in accordance with the following schedule: years 1-2 prior to hotel completion, $15.5 million; years 3-7 subsequent to hotel completion, $20 million.

Rotate Black projects that the hotel and casino will generate approximately $160 million in exclusivity fees to state and local governments.
New York's Indian Casinos
Dowd's Guides

No comments:

Blog Archive