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What you need to know for 04/25/2017

Catskills town sees casino as a good bet

Catskills town sees casino as a good bet

Developers of a proposed Catskills casino say they have received a resolution of support from local

MONTICELLO — Developers of a proposed Catskills casino say they have received a resolution of support from local lawmakers.

Monticello Raceway Management Inc. made the announcement Wednesday, days after state regulators said bidders for the four upstate casino licenses must submit a resolution approved by the local legislative body indicating its support.

The Monticello group wants to build a $750 million casino resort where the old Concord Hotel once stood, about 90 miles northwest of New York City. Developers say the Town of Thompson Board voted in favor of supporting the application Tuesday night.

Casino applications need to be in by June 30 and selections are due in the fall.

Voters statewide approved a New York constitutional amendment in November to allow Las Vegas-style casinos beyond Indian land.

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