Just days after Governor Andrew Cuomo introduced legislation that would authorize three new Upstate New York resort casinos, Foxwoods Resort Casino and Muss Development have signed a partnership agreement to build a destination resort style casino and hotel in Liberty, New York.
The presidents of the respective companies, Scott Butera and Joshua Muss, have been meeting with officials in Albany and Liberty to discuss the project, which could cost up to $600 million and span 500 acres, adjacent to the site of the former Grossinger’s Hotel, according to a press release sent today. It noted that the site could be ready for construction in months if the state and local approvals are expedited.
“We’re long-term players and have held this site for years in the hope of finding the right partner at the right time,” Mr. Muss stated, in the press release. “Foxwoods brings the development, gaming and resort expertise to truly produce a first class experience. Our acreage is situated perfectly for a large scale gaming and resort project, with additional development possible for workforce and resort style housing.”
On Wednesday, Governor Cuomo introduced legislation to authorize three Upstate New York casinos, including one in the Catskills region, and members of the state legislature have proposed locating more than one there.
“For the Catskills to realize all the economic benefits of a true gaming destination, more than one resort casino should be allowed to operate there,” Mr. Butera said, in the press release. “We will continue to work with the Governor’s office and members of the Legislature to make it happen.”
Whatever plan is ultimately adopted by the legislature and signed by the Governor will be up for voter approval in November.