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What you need to know for 08/16/2017

Chickasaw Nation joins Exit 23 casino proposal

Chickasaw Nation joins Exit 23 casino proposal

Global Gaming Solutions, the commercial arm of the Chickasaw Nation in Oklahoma, is teaming with loc

Global Gaming Solutions, the commercial arm of the Chickasaw Nation in Oklahoma, is teaming with local backers of a proposed full-scale casino in Albany.

Global Gaming will work with Flaum Management and Capital District Off-Track Betting Corp. to pursue a $300 million casino project, called E23, off Exit 23 of the state Thruway.

“Global Gaming Solutions is participating in the RFA process regarding the development of the E23 project,” said John Elliott, chief executive officer of Global Gaming, in a prepared statement. “We look forward to sharing specific project details with the mayor’s office, the Common Council, county leaders and all local residents in the very near future.”

The Chickasaw Nation currently owns two off-track betting facilities and 18 casinos, including Lone Star Park in Texas and Remington Park Casino in Oklahoma City. Global Gaming has designed and operated more than 30 casinos.

The Albany casino development is expected to create 1,800 permanent jobs with an average salary of $40,000 and 1,500 construction jobs, according to Flaum Management. The proposed project also includes a hotel and indoor water park.

At the same time, operators of the Saratoga Casino and Raceway recently announced their partnership with Churchill Downs in Kentucky to build a $300 million casino site in East Greenbush.

The companies say the casino proposal, pitched for an area between Exit 8 and Exit 9 on Interstate 90, would create 1,700 jobs and generate $24.1 million annually for the region.

Other casino sites proposed in the area include Howe Caverns in Montgomery County and Galesi Group’s former Alco site in Schenectady County. Four casinos are slated for three upstate New York regions — the Capital Region, Catskills and Southern Tier. Casino sites will be chosen this fall.

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