The Paterson administration has dropped Aqueduct Entertainment Group from the bid to develop a racino at the Aqueduct racetrack, jettisoning the group a month after it was conditionally designated the winner of the years-long quest to beef up gambling at the Queens property.
Governor Paterson’s office just issued the following statement, attributed to the “Executive Read More
In mid-2006, Karl O’Farrell, an Irish-born entrepreneur from Australia with a penchant for gambling, hatched a quixotic plan to take over and develop New York’s biggest horse-racing tracks. That plan was the root of the political maelstrom that now engulfs Governor Paterson’s selection of a team to build a casino at the Aqueduct Read More
The state’s decided to bare all (or much, anyway) on the bids for the Aqueduct race track, as the governor’s office has released nearly all of the bidding materials for the mega-procurement.
The move was preempted earlier Tuesday by winning bidder Aqueduct Entertainment Group, which released what it said was an Read More
Aqueduct Entertainment Group, the winning bidder to develop a casino-type operation at the Queens Racetrack, is losing a member. The group today announced that Darryl Greene had dropped out of the team, losing his 0.6 percent stake in the bid.
This better explains how AEG, which is battling a whirlwind of negative attention given allegations Read More
Facing increasing criticism for selecting a politically-connected bidder to develop slot machines at the Aqueduct race track, Governor Paterson released a statement Thursday afternoon stressing that legislative leaders had agreed on the choice.
The statement appeared to be a riposte at Assembly Speaker Sheldon Silver, who Friday stated a list of conditions (and sent Read More